N156bn debt: GenCos seek FG’s intervention to avert shut down of facilities

12 August 2016, Lagos – Consumer Rights Advancement Organisation has appealed to the Federal Government to stop electricity generation companies from shutting down their operations over N156 billion debts. The GenCos, in newspaper advertisements on Aug. 8, threatened to shut down their plants over N156 billion debts owed by some government agencies. Mr Adeolu Ogunbanjo, the […] More »