05 July 2017, Sweetcrude, Abuja – The Nigerian Bulk Electricity Trading Plc, NBET, is now owing the power generating companies or…
Browsing: Egbin Power Plc
Although, the Central Bank of Nigeria (CBN) provided a N701 billion facility, to assist NBET in meeting its payment obligations from the generation invoices to ease the liquidity challenges, the Gencos are yet to get full payment of all the outstanding debts.
18 January 2017, Lagos – The power sector has recorded the lowest number of jobs created out of all the…
17 January 2017, Lagos – Despite efforts by the federal government and the regulator to entrench the culture of service…
•Owed N781bn by govt agencies, others •Regular power supply still a mirage •Gencos, Discos reel under heavy debt burden Chuks…
29 September 2016, Lagos – Against an earlier statement of possible shut-down of the country’s power supply over cash liquidity…
23 September 2016, Lagos – Nigeria’s electricity woes may worsen in the coming weeks as liquidity and gas supply issues…
18 September 2016, Lagos – The Managing Director and Chief Executive Officer, Egbin Power Plc, Mr. Dallas Peavey, Jr., in…
15 September 2016, Lagos – Egbin Power Plc, the nation’s biggest power station, has awarded scholarships to 14 students from its…
14 September 2016, Lagos – Federal Government’s total indebtedness to Egbin Power Plc is now N86 billion. This was disclosed…