Nigerian power sector

2 Articles
Economy

Nigeria’s Power Sector Crisis Worsens as FG Pays Only 4 Percent of Electricity Subsidy

The Federal Government’s failure to meet its financial obligations to power generation companies (GenCos) has intensified Nigeria’s electricity sector crisis. Fresh data shows...

Economy

Nigeria DisCos Record N2.349 Trillion Losses Amid Worsening Power Supply

Nigeria’s Electricity Distribution Companies, DisCos, have reported combined losses of N2.349 trillion over the past two years, worsening the liquidity crisis in the...