• GenCos Challenge Tinubu Govt To Provide Evidence of N3.3 Trillion Debt Payment

    GenCos Challenge Tinubu Govt To Provide Evidence of N3.3 Trillion Debt Payment0

    Power Generation Companies (GenCos) in Nigeria have called on the administration of President Bola Ahmed Tinubu to provide verifiable evidence supporting claims that N3.3 trillion in outstanding debts has been settled. The demand follows recent government statements suggesting significant progress in clearing liabilities owed to electricity generation firms. The GenCos, however, have expressed strong reservations,

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  • Seyi Makinde Eyes Possible Move To NDC As PDP Crisis Deepens

    Seyi Makinde Eyes Possible Move To NDC As PDP Crisis Deepens0

    Oyo State Governor, Seyi Makinde, is reportedly weighing a potential move to the National Democratic Coalition (NDC) amid the deepening crisis within the Peoples Democratic Party (PDP). Sources close to the governor suggest that ongoing internal disputes and leadership struggles within the PDP have prompted fresh political calculations ahead of the 2027 elections. The PDP

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  • Electricity Tariff Hike Looms As Power Generators Mount Pressure

    Electricity Tariff Hike Looms As Power Generators Mount Pressure0

      Electricity consumers across Nigeria may soon face higher tariffs as power generation companies (GenCos) intensify pressure on the Federal Government over mounting financial challenges in the sector. The GenCos have raised concerns about the growing debt owed to them and the rising cost of operations, warning that the current pricing structure is no longer

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