FG, GenCos Clash Over N4trn, N6trn Electricity Debt Claims

The federal government and power generation companies (GenCos) are at odds over the reconciliation of debts in Nigeria’s electricity market, with the government asserting a liability of about N4 trillion, while GenCos maintain that the amount owed is higher, citing figures approaching N6.3 trillion. Minister of Power, Adebayo Adelabu, disclosed the government’s position during a […]

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