Power Purchase Agreements Not Cancelled – Adeosun Nigeria’s Finance Minister, Mrs Kemi Adeosun has said that unverified media reports on the purported cancellation of the Power Purchase Agreements (PPAs) signed by the Federal Government with Project Developers in the power sector is untrue. She stated this...

Six electricity power generation companies across the country have concluded plans to declare force majeure over a N140 billion debt for power generated and not paid for, Daily Sun learnt. Force majeure is a contractual and legal announcement, which is used to declare the inability...