Blackout imminent as GenCos warn of imminent shutdown as N4trn debt

By Seun Ibiyemi Power Generation Companies (GenCos) in Nigeria have issued a stark warning that electricity production may grind to a halt unless the federal government urgently settles outstanding debts amounting to over ¦ 4 trillion. In a statement released on Monday in Abuja, the Chairman of the GenCos Board of Trustees, Colonel Sani Bello [...]The post Blackout imminent as GenCos warn of imminent shutdown as N4trn debt appeared first on Nigerian NewsDirect.

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