Tag: power

NBET fails to pay Gencos N181.39bn, Power crisis deepens,

The liquidity crisis in the nation’s power sector has taken a turn for the worse as payment to generation companies for the electricity produced and fed into the national grid…

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In Nigeria, 2,079MW capacity stranded, Nine power plants shut down

Nine of the nation’s 27 power plants were idle on Thursday, leaving a total generation capacity of 2,079.1 megawatts stranded. Total power generation in the country stood at 3,269.6MW as…

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