GenCos sees N501b bond as critical step toward restoring stability in power sector
*AS FG reaches settlements with Egbin Power Plc, Geregu Power Plc, NDPHC, Ibom Power Company, and First Independent Power Ltd ...
Tag: Gencos
Nigeria: FG sets up committee to clear GenCos’ outstanding debts
*GenCos remains determined to drive Nigeria’s energy transformation through persistence, collaboration, and reform advocacy - Ogaji WorldStage-- The Federal Government ...
Nigeria: FG, GenCos agree on process to liquidate N4trn debt
WorldStage-- The Federal Government of Nigeria has finalised implementation frameworks for a ₦4 trillion government-backed bonds to settle verified arrears ...
Tinubu meets chairmen of GENCOs, pledges to resolve longstanding debt claims
President Bola Tinubu on Friday appealed to power generation companies (GENCOs) to give the federal government more time to complete ...
NERC issues Dec 31 deadline for GenCos to integrate with central system for real-time fault detection, others
WorldStage Newsonline-- The Nigerian Electricity Regulatory Commission (NERC) has issued a new directive requiring all grid-connected Power Generation Companies (GenCos) ...
Nigeria: FG offers to immediately pay bulk of N4trn debt to GenCos
*Without urgent intervention, the entire power ecosystem could collapse - GenCos leader WorldStage Newsonline-- Nigeria’s Minister of Power, Mr Adebayo ...
Nigeria: FG promises to pay 50% of N4trn debt to power generation companies this year
WorldStage Newsonline-- The Federal Government has announced plans to pay Power Generation Companies (GenCos) two trillion Naira out of the ...
DisCos can now purchase electricity directly from Gencos as NBET exits electricity market
ldStage Newsonline-- The Nigerian Bulk Electricity Trading Plc (NBET), is set to exit the electricity market as the Nigerian Electricity ...
Reps panel summons Discos, Gencos over failure to perform social responsibility
WorldStage Newsonline-- The House of Representatives Committee on Corporate Social Responsibility (CSR) has summoned Electricity Distribution Companies (DISCOs) and the Generation ...
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