The Minister of Power, Adebayo Adelabu, has faulted the country’s current pricing of gas utilised by Generation Companies in US dollars. Adelabu disclosed this...
Tag - GenCos
The Minister of Power, Adebayo Adelabu, says the Federal Government will not renew licensing agreements for under-performing electricity distribution and...
Minister of State Power, Jerry Agba has explained that challenges still associated with power shortages were as a result of gas supply issues, especially with...
The available generation capacity in Nigeria’s power sector dropped again in 2022, as it crashed from the 6,336.52 megawatts recorded in 2021 to 5,346.82MW...
The monthly shortfall in revenue remittances to the power sector stands at N35bn, the Executive Secretary of the Association of Power Generation Companies, Joy...
Power distribution companies and generation companies are making efforts to achieve the 5,000MW target stipulated by the Federal Government. Meanwhile, some...
The News Agency of Nigeria (NAN) reports that the topic of the session was: ”Power Sector Dilemma: Issues, Challenges, Opportunities and Strategic Key...
The Association of Power Generation Companies has blamed the Distribution Companies for the low power generation in the country. Speaking at an event in Lagos...
The Central Bank of Nigeria (CBN) has said Power Generation and Distribution Companies (DisCos) owe Nigerian banks N836.09bn since it was privatised over eight...
Electricity Distribution Companies’ payment to Generation Companies for electricity generation has dropped by 50 percent, Naija News understands. Data from the...
