GenCos

Minister threatens to revoke DisCos, GenCos’ licence over poor performance

The Minister of Power, Adebayo Adelabu, has threatened to revoke the licences of Distribution Companies (DisCos) and Generation Companies (GenCos)…

1 year ago

Minister tasks DisCos, GenCos on improved electricity

The Minister of Power, Mr Adebayo Adelabu, has urged the Generating companies (GENCOs) and the Distribution companies (DISCOs) to improve…

1 year ago

GenCos lament liquidity challenge, owe gas suppliers N1trn

Power generation companies (GenCos) have revealed that they are currently owing gas suppliers about N1 trillion. Besides that, the GenCos…

2 years ago

NERC: Nigerians’ll enjoy improved power supply from July 1

Nigerians will witness improved power supply from July 1 following renewed efforts by industry stakeholders. Chairman, Nigerian Electricity Regulatory Commission…

2 years ago

NERC denies fresh electricity tariff increment

The chairman of the Nigerian Electricity Regulatory Commission (NERC), Mr. Sanusi Garba, says the commission has not approved any new…

3 years ago

CBN: We’ve disbursed N1.3trn to power sector in 5 years

The Central Bank of Nigeria (CBN) said has disbursed over N1.3 trillion to support the provision of power supply to…

3 years ago

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