Tag : GenCos

The monthly shortfall in revenue remittances to the power sector stands at N35bn, the Executive Secretary of the Association of Power Generation Companies, Joy Ogaji,

Power distribution companies and generation companies are making efforts to achieve the 5,000MW target stipulated by the Federal Government. Meanwhile, some Nigerian homes have begun

Electricity workers under the aegis of the National Union of Electricity Employees have sworn to liberate the country from what it described as the “clutches

Dr Joy Ogaji, Executive Secretary, Association of Power Generation Companies (APGC) on Thursday said generation companies were being owed about N1.75 trillion for power generated

Power generation and distribution companies owe Nigerian banks N836.09bn amid the lingering problems plaguing the sector since it was privatised over eight years ago. This

Remittance of Nigerian Bulk Electricity Trading PLC, NBET, to the Generation Companies of Nigeria, GENCOs, has declined by over 45 per cent to N146.5 billion

With power supply through the national grid showing no sign of improving, the Federal Government’s plan to ditch the ‘best endevour’ approach for a contract

Total shortfall in the Nigerian power sector has reached N1.6trn in eight years, findings have shown. The Executive Director, Research and Advocacy, Association of Nigerian

Who should be blamed for erratic power supply in the country? The blame game continued yesterday among the three major players in the electricity sector.

Despite the blackout witnessed in many parts of Nigeria last year, a monthly average of 2,248.5 megawatts of electricity was stranded and unutilised in the