Aug 11, 2016
Darkness looms as Gencos threaten nationwide shutdown over N156bn government debt
Darkness looms as Gencos threaten nationwide shutdown over N156bn government debt
There may be an impending nationwide darkness as the electricity generating companies, Gencos, operating in the country have threatened to shut down their operations over N156 billion debt owed them by ministries, departments and agencies, MDAs.
The top power firms stated yesterday that they would shutdown electricity generation imminently if a debt of N156 billion ($485 million) owed by…
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