GenCos Decry Surge in Electricity Debt to Six Trillion Naira
The Association of Power Generation Companies (APGC) has raised a critical alarm over the state of the Nigerian Electricity Supply Industry (NESI), revealing that the total outstanding debt owed to Generation Companies (GenCos) has ballooned to over ₦6 trillion. This figure represents a staggering 50% increase from the ₦4 trillion debt baseline recorded at the […]