Recently, the Federal Government announced a reduction in the price of natural gas needed by power generation companies to produce electricity from $2.50 to $2.18MMBtu. MMBtu is an acronym for Million Meters British Thermal Unit. It is the measurement used […]
Day: 25 January 2022
GenCos Suffer Investment Shortfall Over DisCos’ Load Rejection
Nigeria’s power generation sub-sector is experiencing investment constraints following inability of distribution companies to take load as well as transmission inadequacies. Managing director of Ibom Power, Engr Meyen Etukudo, told energy journalists during an interview in Uyo that the firm […]
