GenCos receive 4.6% of outstanding debts as financial crisis worsens

The financial crisis facing Nigerian Electricity Supply Industry (NESI) has worsened following the payment of a paltry 4.68 per cent of invoices sent in by power Generation Companies (GenCos) for power supplied to the national grid in March 2024.

The post GenCos receive 4.6% of outstanding debts as financial crisis worsens appeared first on The Guardian Nigeria News – Nigeria and World News.

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