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Energy & Oil

NERC: Three West African Countries Owe Nigeria Nearly $20m for Electricity

Nigeria’s electricity regulator has reported that Togo, Niger, and Benin Republic owe the country a combined $19.97 million for power supplied in the...

Energy & Oil

Nigerian Senate Committee on Power Reveals N200 Billion Monthly Debt to Discos Amid Liquidity Crisis

The Nigerian power sector is grappling with a liquidity crisis that has left generating and distribution companies owed an estimated N200 billion monthly,...

Power Debt, TCN Unbundled
News

FG Moves to Avert Blackout with N2tn Payment to Power Generators

To prevent a looming shutdown of power generation plants, the Federal Government has outlined a strategy to offset N2tn of the staggering N4tn...