The Nigerian Bulk Electricity Trading Plc (NBET) has commenced the settlement of outstanding legacy debts owed to power Generation Companies (GenCos) and their gas suppliers under the Federal Government's Presidential ...
The Federal Government has raised approximately ₦1.23 trillion through two bond issuances to clear part of the ₦4 trillion legacy debt owed to electricity Generation Companies (GenCos). Chief Executive Officer ...
Nigeria does not need louder promises. Nigeria needs proof that courage works.
Tinubu addressing Renewed Hope Ambassadors With politicking intensifying ahead of the January 2027 election, opposition politicians have escalated their campaign of misinformation and calumny to diminish the impact and achievements ...
The Federal Government of Nigeria has taken a major step toward restoring financial stability and investor confidence in the electricity market with the finalization of the implementation framework for the ...
Sept. 2, 2025 ...Announces plan to list DisCo, GenCo on the stock market The Bureau of Public Enterprises (BPE) says the planned privatisation of five GenCos is on hold due ...
April 17, 2025 The Federal Government says it plans to pay Power Generation Companies (GenCos) two trillion Naira out of the four trillion Naira debt owed them before the end ...
April 15, 2025 The Federal Government says plans were on the way to offset the N4 trillion debt owed the Power Generation Companies (GenCos) for electricity generated. Mr Bola Tunji, ...
April 14, 2025 The Power Generation Companies (GenCos), have appealed to the Federal Government and stakeholders in the power sector to settle the more than N4 trillion debt owed them ...
June 2, 2024 The Power Generation Companies (GenCos), have appealed to the Federal Government and key stakeholders to settle electricity debts owned them for electricity generation to enable them remain ...
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