Tag Adebayo Adelabu

FG Commits to Pay GenCos N4trn debt

  THE federal government has promised to urgently address the N4 trillion debt crippling Nigeria’s power generation sector. This followed talks between the Minister of Power, Adebayo Adelabu, and the Chairmen of Generating Companies of Nigeria (GenCos) in Abuja on…

Power Generators Fear Collapse Over N4.7tn Debt

  THE Federal Government said it is taking necessary steps to offset the N4.7tn debt owed to power generation companies to avert a possible nationwide blackout. This came as stakeholders expressed fears that some power generation companies might be forced…

FG, Germany Collaborate on Electricity Expansion

  MINISTER of Power, Adebayo Adelabu, says the Federal Government is collaborating with the Republic of Germany to enhance electricity supply in the country. The Minister made this statement while briefing State House Correspondents after a bilateral meeting between President…