Post by Engr. Olusola Adedayo (@Moschino)

The Federal Government and power generation companies have disagreed over the reconciliation of debts in Nigeria’s electricity market, with both sides offering differing accounts of the actual liabilities owed to the GenCos.
The Minister of Power, Adebayo Adelabu, said the government’s liabilities to generating companies could settle at about N4tn, rather than the N6.3tn figure often cited in industry discussions.

The Federal Government and power generation companies have disagreed over the reconciliation of debt...

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