Nigeria Remains In Darkness Despite N77bn Paid GENCOs By NBET


Despite the N38 billion paid power generating companies, GENCOs, by the Nigerian Bulk Electricity Trading Plc, NBET, for December cycle and another N39 billion for January, the power supply situation in the country has not improved, as generation remains at low 2,054.70MW.

Checks on the national grid performance by Vanguard showed that as at 3pm yesterday, only 13 of the nation’s 32 power plants were generating 2,054.70 megawatts, with Azura-Edo plant highest at 399MW and Geregu (gas) at 394MW.

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