Nigeria plans to end electricity subsidies in 2027 to create a commercially sustainable power sector. The…
Tag: GenCos
GenCos Record Mixed Q3 Payments as Remittance Gaps Persist
Nigeria’s electricity market remittance performance remained uneven in the third quarter of 2025, according to the…
FG, PwC Outline Priority Actions for Power Sector Improvement
The Federal Government, PwC Nigeria and other stakeholders have emphasised the need for collaboration among regulators and…
GenCos Turn Down FG’s Plan for 50% Waiver on ₦5tn Outstanding Debt
Power generation companies, GenCos, have rejected contract offers from the Federal Government requiring them to accept…
Power Sector Faces Collapse Without Reforms, Joy Ogaji Warns
Nigeria’s power generation companies (GenCos) warned that the electricity sector will collapse unless the Federal Government…
National Grid Crisis Worsens as Premium Users Switch to Off-grid Sources
Nigeria’s national grid crisis worsens as the power sector faces unprecedented financial strain. Premium customers are…
GenCos Kick Against Enugu’s Band A Tariff Cut to ₦160/kWh
Nigeria’s power generation companies (GenCos) have strongly opposed the Enugu Electricity Regulatory Commission’s (EERC) plan to…
GenCos Threaten Shutdown Over ₦4tn Debt
Nigeria’s electricity generation sector teeters on the brink of collapse as power generation companies (GenCos) threaten…
New Power Generation Peak: What Does it Mean to Average Nigerians and Businesses?
Paul Akpan owns a small dry cleaning company in the bustling city of Lagos, but his…
NERC Sees Boost in Power Generation for Q3 2024
The Nigerian Electricity Regulatory Commission (NERC) released its Q3 2024 performance report, showing a 16% increase…