Story

191MW Ibom Power Plant Suffered 11-month Gas Cutoff, Generation Shutdown in 2025 Over N28bn FG Debt

– Acugas cancels contract, demands upfront payment after year-long supply drought – Firm gets only N12.3bn, balance of N15.7bn up for negotiation as FG meets Gencos Tuesday – Weak, vandalized transmission lines hinder

July 20, 2026 Nigeria

– Acugas cancels contract, demands upfront payment after year-long supply drought – Firm gets only N12.3bn, balance of N15.7bn up for negotiation as FG meets Gencos Tuesday – Weak, vandalized transmission lines hinder

Leave a Reply

Your email address will not be published. Required fields are marked *