NBET begins settling power generators and gas suppliers through ₦728.98 billion in bonds under the Federal…
Tag: NBET
₦40bn Default Puts Power Sector Under Pressure
Geregu Power Plc has defaulted on a bond payment, raising fresh concerns about the financial health…
FG Issues ₦501bn Power Bond to Clear GenCos’ Debts
The ₦501 billion bond aims to clear legacy debts and restore liquidity in Nigeria’s power…
FG Spends N458.75bn to Freeze Electricity Tariffs in Q3 2025 — NERC
The Federal Government of Nigeria spent N458.75 billion to freeze electricity tariffs for most Nigerian consumers…
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…
Reps Query Azura Over Omitted ₦18bn NBET Payments
The House of Representatives Ad hoc Committee investigating Nigeria’s power sector reforms and expenditures from 2007…
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 Dialogue: Experts Call for Bond Repayment, Structural Reforms in Nigeria’s Power Market
At the 111th edition of Nextier Power Dialogue, energy experts identified weak enforcement, policy inconsistency, and unreliable…