GenCos cry out over N3.7trn debt, say only 10% of invoice paid monthly
Abuja-Power generation companies in Nigeria, GenCos, yesterday raise the alarm over the imminent collapse of their operations, following a huge debt of N2 trillion and an estimated funding gap of N1.7 trillion contained in the 2024 Multi-Year Tariff Order. The companies said so far, only about 10 per cent of its monthly invoices for power […]