GenCos

KEY POINTS Nigeria’s electricity crisis is deepening as several power generation companies shut down operations due to a mounting debt burden of about N6.8 trillion. The crisis has severely limited …

KEY POINTS The Association of Power Generation Companies, APGC, has dismissed claims by Presidency sources that N2.8tn represents a verified and final settlement of legacy debts owed to electricity generation …

KEY POINTS Nigeria’s Federal Government has sealed a landmark agreement with power generation companies, GenCos, and gas suppliers to clear outstanding debts worth about ₦4 trillion, marking one of the …