Nigeria’s power capacity idle as GenCos operate at 30% in March — NERC

By Seun Ibiyemi Nigeria’s power generation sector recorded significant underperformance in March 2026, with only 30 per cent of installed electricity capacity available for dispatch, according to the Nigerian Electricity Regulatory Commission. Data from the commission’s March 2026 Operational Performance Factsheet showed that just 4,089 megawatts (MW) out of the total installed capacity of 13,625MW…

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Gas shortage, payment disputes worsen electricity instability as FG promises improvement

By Seun Ibiyemi Electricity supply across Nigeria has remained unstable, with industry operators blaming the situation on persistent gas shortages and unresolved payment issues within the power sector. Power generation companies (GenCos) said inadequate gas supply has significantly reduced their ability to generate electricity, resulting in frequent outages and load shedding across many parts of…

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GenCos dismisses ₦2.8tn debt reconciliation report, demands transparency

By Seun Ibiyemi The Association of Power Generation Companies has dismissed reports claiming that ₦2.8 trillion has been verified as the final settlement of legacy debts owed to electricity generation companies, describing the figure as misleading and unfounded. In a statement released on Monday in Abuja titled “APGC Position on Misleading Reports Regarding GenCos’ Debt…

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