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FG to halt bailout for power firms, asks GenCos to find more customers

FG to halt bailout for power firms, asks GenCos to find more customers

The federal government has asked power generation companies (GenCos) to find eligible customers for its product as the payment for shortfalls might end soon. Speaking at a workshop on eligible The post FG to halt bailout for power firms, asks GenCos to find more customers appeared first on TheCable.

ANALYSIS: Why electricity generation may plunge further in 2019

ANALYSIS: Why electricity generation may plunge further in 2019

With the latest data from the advisory power team in the office of Vice-President Yemi Osinbajo revealing that the power sector lost a total of N530 billion in 2018, the The post ANALYSIS: Why electricity generation may plunge further in 2019 appeared first on TheCable.

GenCos: Abysmal performance of DisCos responsible for challenges in power sector

GenCos: Abysmal performance of DisCos responsible for challenges in power sector

The Association of Power Generation Companies (APGC) says the abysmal performance of electricity distribution companies (DisCos) is responsible for the challenges in the power sector. In a statement on Tuesday, The post GenCos: Abysmal performance of DisCos responsible for challenges in power sector appeared first on TheCable.

FG: Why we resisted temptation of cancelling power sector privatisation

FG: Why we resisted temptation of cancelling power sector privatisation

Lai Mohammed, minister of information, says the federal government resisted the temptation of cancelling the power sector privatisation in order not to send wrong to prospective investors. The minister said The post FG: Why we resisted temptation of cancelling power sector privatisation appeared first on TheCable.

Lai claims 7,000MW, Adesina says 4,500MW… what’s the truth about Nigeria’s power generation?

Massive Turnout in Anambra Poll

Within 24 hours, two prominent figures have churned out conflicting figures on Nigeria’s current power generation capacity. On Tuesday, Lai Mohammed, minister of information, said the country now generates 7,000
The post Lai claims 7,000MW, Adesina says 4,500MW… what’s the truth about Nigeria’s power generation? appeared first on TheCable. …

GENCOs urge FG to place vital gas pipelines on franchise

GENCOs urge FG to place vital gas pipelines on franchise

THE power Generation Companies, GENCOs, have called on the Federal Government to put on franchise some of the gas pipelines in strategic locations especially the Niger-Delta region in order to guarantee surplus gas supply to thermal plants.
The post GENCOs urge FG to place vital gas pipelines on franchise appeared first on Vanguard News. …

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