Turbine overhaul weighs on Geregu Power’s revenue as half-year profit falls 88 percent

Nigerian Tribune | 07-08-2026 08:30am |

Fresh facts have emerged that Geregu Power Plc’s earnings came under significant pressure in the first half of 2026 as a major turbine maintenance programme reduced electricity generation, causing revenue and profit to decline sharply. The power generation company reported an 88 percent drop in profit after tax to N2.51 billion for the six months […] The post Turbine overhaul weighs on Geregu Power’s revenue as half-year profit falls 88 percent appeared first on Tribune Online.

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