Power supply now above 4000MW as liquidity gaps eases

Power supply now above 4000MW as liquidity gaps eases

Nigeria’s troubled power sector ramped up generation to 4,155.5 MW on March 17 following two critical financial interventions by the Federal government. On March 1, the Federal executive council approved N701bn guarantee for the Nigerian Bulk Electricity Trading (NBET) for any energy produced by any GenCo so that they can pay their gas suppliers when…

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