Nigeria: GenCos seek payment of 4trn debt from Nigerian govt — Africa Links 24

The Power Generation Companies, GenCos, have appealed to the Federal Government and stakeholders in the power sector to settle the more than N4 trillion debt owed them for electricity generated.

Col. Sani Bello (rtd), the Chairman, Board of Trustees, Association of Power Generation Companies, APGC, said this in a statement in Abuja on Monday.

Presently, the country has 23 power-generating plants connected to the national grid.

Mr Bello said that GenCos were currently owed N2…