GenCos

Tinubu promises to look into FG N4tn debt to GENCOS

Tinubu promises to look into FG N4tn debt to GENCOS President Bola Tinubu on Friday appealed to power generation companies (GENCOs) to…

7 months ago

FG promises to clear N4tn debt owed GenCos

FG promises to clear N4tn debt owed GenCos The Federal Government of Nigeria has owned up to owing the Power Generation…

10 months ago

GenCos threaten to shut down power over N4tn debt

GenCos threaten to shut down power over N4tn debt Power Generation Companies (GenCos) on Monday warned of imminent shutdown due to…

10 months ago

NERC presses DisCos to buy power directly from Gencos

NERC presses DisCos to buy power directly from Gencos The Nigerian Electricity Regulatory Commission’s (NERC) recent directive for Distribution Companies (DisCos)…

2 years ago

FG exempts GenCos, DisCos, others from withholding tax

FG exempts GenCos, DisCos, others from withholding tax The federal government has exempted all electricity companies, including Generation and Distribution Companies…

2 years ago

Tinubu okays payment of N2tn legacy debt to GenCos

Tinubu okays payment of N2tn legacy debt to GenCos President Bola Ahmed Tinubu has approved N2 trillion as legacy debt for the…

2 years ago

‘GenCos sell cheap power to neighbouring countries’

‘GenCos sell cheap power to neighbouring countries’ Some electricity Generating Companies (GenCos)  sell electricity to neighbouring countries at a  lower…

3 years ago

Electricity generation: FG approves 11 new GenCos

The Nigerian Electricity Regulatory Commission has revealed that it has issued 11 new electricity generation licenses. This was disclosed in…

3 years ago

BPE set to sell Olorunshogo, Omotosho, three other GenCos

The Bureau of Public Enterprises (BPE) has announced immediate plans to sell five power generation plants to investors under the…

5 years ago