The Amount of money owed to Nigerian banks by power sector operators rose by 12.83 percent to N861.14bn in December 2021 amid the sector’s lingering problems since its privatization over eight years ago. In November 2013, the nation’s distribution and generation companies were privatized through the Bureau of Public Enterprises (BPE), fetching about $3.2bn for … Continue reading Nigerian Power Firms In Large Debt As Power Crisis Continues