Gencos: Regulatory, Operational Risks Responsible for 25.8% Power Utilisation
Nigeria’s power generation companies have attributed the country’s persistently low electricity output averaging about 4,000 megawatts from an installed capacity…
Tag: Gencos
FG’s Debt to Gencos Hits N1.2tn in H1, Total Arrears Exceed N5tn
Generation Companies (Gencos) yesterday said that the debts owed them hit N1.2 trillion in the first half of 2025 alone,…
Electricity Supply: FG Pays N205bn from N1.3tn Owed Power Generation Companies
The federal government yesterday said it had offset N205 billion from the N1.3 trillion debt owed Generation Companies (Gencos) to…
Amid Growing Power Cuts, Gencos Record N27bn Capacity Losses, Post 4,700mw Stranded Supply
Power Generation Companies (Gencos) operating in the country recorded as much as N27.14 billion in monthly capacity payment losses and…