Gencos’ Host Communities Demand Free Electricity Supply
Host communities of electricity generation companies (Gencos) in the country are demanding steady electricity supply to them at no cost from the Gencos, the Association of Power Generation Companies (APGC) has claimed.
APGC which is the umbrella trade association...
Power Gencos Gear Up For Force Majeure Over N600bn Debt
Electricity generation companies (Gencos) in Nigeria’s power sector may be forced to declare force majeure on their operations anytime soon on account of accumulated debts owed them by the market since 2013, a document seen...
Gencos Unhappy With TCN’s Frequency Control Practice
Power generation companies (Gencos) in Nigeria’s electricity market have frowned on what they described as an unhealthy frequency control practice of the Transmission Company of Nigeria (TCN).
Alleging that the TCN was having challenges controlling the frequency levels of...
Budget: NBET To Rent New Office With N487.7m, Gulped N600m In 2017
The Nigerian Bulk Electricity Trading Plc (NBET) will spend N487.7 million to relocate to a new office complex by 2018, after it had gulped N600m in 2017, budgetary documents from the Budget Office...
For the federal government to take the nation’s economy out of its recession and place it on a sustainable growth path,  there must policy reforms in  oil, power, mining, aviation sectors. The is the assertion  of analysts at Afrinvest (W.A) Limited, a Lagos based investment banking firm in its Economic and Financial...
The Nigerian Electricity Regulatory Commission (NERC) has responded to claims by the 11 electricity distribution companies (Discos) that its regulatory actions contributed to the current N809.8 billion revenue shortfall of the electricity market.
Through their association – the Association of Nigerian Electricity Distributors (ANED), the...
