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Tag "GasCos"

Tinubu approves gradual payment of N3trn debt owed to GenCos, GasCos

    Tinubu approves gradual payment of N3trn debt owed to GenCos, GasCos

President Bola Tinubu has approved the gradual payment of the N3.3 trillion debt owed to power generation and gas companies. Adebayo Adelabu, minister of power, disclosed this at the 8th

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Bands classification, approved FX rate — inside NERC’s electricity tariff review

    Bands classification, approved FX rate — inside NERC’s electricity tariff review

On April 3, the federal government approved an increase in electricity tariff for customers under the Band A classification. Musliu Oseni, vice-chairman, Nigerian Electricity Regulatory Commission (NERC), said customers under

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