Tag: GENCOs

Top 5 Stories Of The Day | World Bank: Over 75% of Rural Nigerians Live in Poverty

Top 5 Stories Of The Day | World Bank Reveals Over 75% of Rural Nigerians Live in Poverty

World Bank reveals over 75% of rural Nigerians live in poverty CBN records over 300% rise from 2023 as it spent ₦315bn on currency in 2024 EFCC arrests influencer VeryDarkMan…

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Top 5 Stories Of The Day | Nigeria Dismisses Allegations of Collusion with France to Destabilize Niger Republic

Nigeria dismisses allegations of collusion with France to destabilize Niger Republic Ganduje urges nigerians to exercise patience as Tinubu's reforms begin to yield results ₦2.7 trillion GenCos debt and frequent…

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The Late 5: ‘Ekweremadu to be charged before the Code of Conduct Tribunal’, Benue cancels mass burial, and other top stories

These are the top five Nigerian stories that drove conversation today. Benue State Government has cancelled the mass burial of victims of Fulani herdsmen attack in Okpokwu. Governor Samuel Ortom made…

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The YNaija Tracklist: Nigeria is fortunate to have a leader like Buhari – Osinbajo | You can’t continue to subsidise electricity | GenCos tell FG | More stories

From the papers this morning - a tracklist. Nigeria is fortunate to have a leader like Buhari – Osinbajo - YNaija You can’t continue to subsidise electricity | GenCos tell…

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You can’t continue to subsidise electricity | GenCos tell FG

Power generating companies (GenCos) have called for increase in electricity tariff. Vice Chairman, Mainstream Energy Solution, Ismaila Funtua said this on Tuesday while speaking with journalists on the sidelines of…

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Power sector licenses were issued to cronies, incompetent hands – Saraki (READ)

President of the Senate, Bukola Saraki says the country failed in the privatisation of the power sector. Speaking while delivering a speech at a 2-day stakeholders interactive dialogue workshop on the…

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Ijeoma Nwogwugwu: As sale of power assets enters home stretch

by Ijeoma Nwogwugwu  It is not just bidders that are losing sleep over where to raise funds for the distribution and generations companies. Even sensible Nigerian banks, which have become…

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