Power Debt Hits N7tn As GenCos Reject FG Settlement Plan
[mc4wp_form id=33047] Nigeria’s electricity generation crisis may worsen as legacy debts owed to power generation companies (GenCos) have surged to about N7tn, THE WHISTLER can report. Also, the gas suppliers had reportedly rejected the Federal Government’s proposal for a 50 per cent debt write-off. THE WHISLTER recalls that the Federal Government had earlier approved a…
