The Federal Government’s ongoing effort to settle legacy debts owed to Generation Companies (“GenCos”) represents one…
Tag: legacy debt
NERC Releases Interconnected Mini-Grid Rules
NERC has introduced a new commercial framework for interconnected mini-grids to improve electricity reliability and reduce…
Sahara Group Targets 7,000 MW as Reforms Boost Nigeria’s Power Sector Stability
The Group Managing Director of Sahara Power Group, Kola Adesina, has said Nigeria’s power sector is…
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…