Blackout looms as 24 GenCos threaten poll-out over new gas charge

Power cut is imminent across the country as 24 thermal power Generation Companies (GenCos) are mulling a force majeure action to quit business over a 0.75 percent ‘unregulated’ administrative charge for gas supply transactions being introduced by the Nigerian Bulk Electricity Trading Plc (NBET).

Read more: https://www.dailytrust.com.ng/blackout-looms-as-24-gencos-threaten-poll-out-over-new-gas-charge.html