Blackout Looms As Gas Producers Cut Supply To GenCos Over N2.7tn Debt
Nigerians may witness total blackout as the wholesale gas-producing companies abruptly stopped the supply of natural gas to power generation companies for electricity production over the non-payment of debts accrued from previous supplies. The Chief Executive Officer of the Association of Power Generation Companies, Joy Ogaji, disclosed that the gas-producing companies have formally notified all GenCos of the suspension of natural gas supply.