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Total blackout imminent as GENCOs, DISCOs battle N400bn debt

 
Fatai Ibrahim at Punch Newspapers
Dayo Oketola, Gbenro Adeoye, Okechukwu Nnodim and Jesusegun Alagbe Nigeria may be set for a total blackout as power generation as well as distribution companies say over N400bn debts are stifling their operations. While GENCOs’ debt is put at over N300bn, DISCOs have complained of being owed over N100bn by customers. With such a huge […] The post Total blackout imminent as GENCOs, DISCOs battle N400bn debt.

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