Tag: Electricity subsidy

Nigeria raises gas price for power plants, sparking fresh fears over electricity subsidy crisis

Business Damilola Bayonle -
Gas price increase for power generation deepens subsidy concerns in Nigeria Nigeria’s electricity market is facing renewed financial pressure following...

GenCos reject Tinubu’s alleged N2.8tn debt settlement, demand full audit disclosure

Business Damilola Bayonle -
Nigeria’s power generation companies have rejected claims that the Federal Government has approved N2.8tn as the final settlement of...