GenCos – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Mon, 03 Nov 2025 14:00:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png GenCos – InfoStride News https://www.theinfostride.com 32 32 GenCos Lose N2.3tn to Stranded Power as Grid Bottlenecks Persist https://www.theinfostride.com/gencos-lose-n2-3tn-to-stranded-power-as-grid-bottlenecks-persist/ https://www.theinfostride.com/gencos-lose-n2-3tn-to-stranded-power-as-grid-bottlenecks-persist/#respond Mon, 03 Nov 2025 14:00:19 +0000 https://www.theinfostride.com/?p=470688 Nigeria’s electricity generation companies (GenCos) have reportedly lost an estimated ₦2.3 trillion in potential revenue over the past few years due to persistent grid bottlenecks, transmission inefficiencies, and limited power evacuation capacity, which continue to hinder the flow of generated electricity to consumers across the country. Despite generating enough power to meet a substantial portion [...]

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]]> https://www.theinfostride.com/gencos-lose-n2-3tn-to-stranded-power-as-grid-bottlenecks-persist/feed/ 0 Tinubu Approves ₦4 Trillion Bond to Clear Debts Owed to GenCos and Gas Suppliers https://www.theinfostride.com/tinubu-approves-%e2%82%a64-trillion-bond-to-clear-debts-owed-to-gencos-and-gas-suppliers/ https://www.theinfostride.com/tinubu-approves-%e2%82%a64-trillion-bond-to-clear-debts-owed-to-gencos-and-gas-suppliers/#respond Tue, 07 Oct 2025 14:01:17 +0000 https://www.theinfostride.com/?p=468469 President Bola Ahmed Tinubu has approved the issuance of a ₦4 trillion bond to settle longstanding debts owed to power generation companies (GenCos) and gas suppliers across Nigeria. The move is part of the government’s broader plan to address the persistent liquidity crisis in the country’s electricity sector and restore financial stability to the power [...]

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]]> https://www.theinfostride.com/tinubu-approves-%e2%82%a64-trillion-bond-to-clear-debts-owed-to-gencos-and-gas-suppliers/feed/ 0 GenCos warn of imminent blackout as N5.2 trillion debt burden threatens Nigeria’s power sector https://www.theinfostride.com/gencos-warn-of-imminent-blackout-as-n5-2-trillion-debt-burden-threatens-nigerias-power-sector/ https://www.theinfostride.com/gencos-warn-of-imminent-blackout-as-n5-2-trillion-debt-burden-threatens-nigerias-power-sector/#respond Tue, 22 Jul 2025 15:58:55 +0000 https://www.theinfostride.com/?p=462640 Power generation companies (GenCos) in Nigeria are sounding the alarm over a rapidly escalating debt crisis, warning that failure to address a debt burden now estimated at up to N5.2 trillion could trigger widespread shutdowns and plunge the country into prolonged blackouts. Industry sources say the figure combines roughly N4.7 trillion owed directly to GenCos by market [...]

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