Gas-producing companies in Nigeria have renewed calls for the Federal Government to urgently address the N2.7 trillion legacy debt owed to them for gas supplied to electricity generation companies (GenCos). …
The Federal Government’s unpaid subsidy to electricity distribution companies has risen to ₦982.4 billion as of May 2025, showing a ₦5.3 billion increase or 2.7% in just five months. This …
The Minister of Power, Chief Adebayo Adelabu, has again raised concerns over the growing cost of electricity subsidies in Nigeria, warning that the current approach is not sustainable. According to …
The Nigerian Senate Committee on Power has cried out over the growing financial crisis facing the country’s power sector, revealing that the Federal Government currently owes electricity generating companies (GenCos) …
Electricity generation companies (Gencos) in Nigeria are calling on President Bola Ahmed Tinubu to urgently fix a date for the long-awaited meeting over the rising debt crisis in the power …
President Bola Tinubu is expected to meet with the leadership of Nigeria’s power-generating companies (GenCos) in a high-level intervention aimed at addressing the N4tn debt threatening the country’s already fragile …
The Federal Government says it has successfully reduced electricity subsidies by 35% following a new electricity tariff hike that was introduced last year for high-power consumers. Nigeria’s Minister of Power, …
The Federal Government has reduced the price of natural gas supplied to power generation companies in a move to ease the financial burden affecting the electricity sector. This new pricing …
The association of power generation companies (APGC) Nigeria says members are owed N1.75 trillion for power generated for the electricity market since 2013. Joy Ogaji, executive secretary, APGC, made this …