FG Plans Forex For GenCos, To Offset Egbin Power Debt

Leadership | 30-03-2024 10:11pm |

The federal government has made commitment to give power generation companies(GenCos) access to foreign exchange as well as offset debt it owed Egbin Power. Apart from gas constraints, GenCos are experiencing challenges maintaining their assets as spare parts are sourced abroad. To this end, the minister of Power, Adebayo Adelabu, reaffirmed federal government’s commitment to […]

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