IMF Forcasts Poor Revenue Generation For Nigeria   The International Monetary Fund’s prediction of a weak revenue generation for Nigeria in the short term may have some implications, according to reports. This is coupled with the Federal Government’s recent projections of lower revenue for 2019 than budgeted...

As Discos Reject Load, Power Generation Drops Below 4000MW   Total electricity generation in the country has remained below 4,000 megawatts in recent months as low load demand by distribution companies tops the list of factors causing idle capacity in power stations. Data obtained from the Ministry...

How FG’s N700bn Raised Power Generation In 18 Months – NBET The introduction of the N701.9 billion Payment Assurance Facility (PAF) to raise Generation Companies’ (GenCos) monthly revenue by 80 per cent has raised generation capacity to 7,009 megawatts (MW) in the past 18 months,...