News

GenCos Want FG To Stop Subsidizing Power

July 13, 2017 Busayo Oladejo 0

The Vice Chairman of Mainstream Energy Solution, Ismaila Funtua has revealed that the power generation companies in the country are seeking for the Federal Government to increase electricity tariff. According to him, this is due to […]

News

FEC Approves N701bn Guarantee For NBET

March 2, 2017 Busayo Oladejo 0

The Federal Executive Council has approved a N701 billion guarantee for the Nigerian Bulk Electricity Trading (NBET) Plc yesterday. The guarantee was approved at a meeting with the council presided over by the acting President, […]

News

GENCOs Call On FG To Pay Up Their Power Debts

February 28, 2017 Busayo Oladejo 0

The Federal Government has been reported to underpay generation companies (GenCos) by over N30billion every month for their services. The Executive  Secretary, Association of Power Generation Companies (APGC),  Dr. Joy Ogaji, has called on the government’s […]

1 2