Nigerians Face National Blackout As Gas Producers Cut Supply To Gencos Over N2.7tn Debt

 LAGOS DECEMBER 13TH (NEWSRANGERS)-Wholesale gas-producing companies have abruptly stopped the supply of natural gas to power generation companies for electricity production over the non-payment of debts accrued from previous supplies, fresh findings by The PUNCH have shown. The Chief Executive Officer of the Association of Power Generation Companies, Dr Joy Ogaji, disclosed the latest development…

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Nigeria Govt To Review Licences Of DisCos, GenCos Over Poor Performance

LAGOS OCTOBER 28TH (NEWSRANGERS)-There are indications that the Federal Government may, in the coming weeks, take punitive measure over the operating licences of some power distribution (DisCos) and generation (GenCos) companies. The Guardian gathered this may not be unconnected with the poor performance by some critical stakeholders in the value chain. While President Muhammadu Buhari…

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