Electricity: Nigerian govt offsets $120 million debt to Gas companies

The Nigerian government has paid over $120 million to offset some of the debts owed to the gas companies (GasCos), an official has said. The Director, Decade of Gas Secretariat, Ed Ubong, disclosed this at the ongoing 7th edition of the Nigeria International Energy Summit (NIES 2024) in Abuja on Thursday. “The arrears gas producers … Read more