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Darkness looms in Nigeria as GenCos threaten shutdown over unpaid N4tn debt

There is looming darkness in Nigeria as power generation companies threaten a showdown.
This is as unpaid debts from the federal government and other market operators surged to over N4 trillion.
Chairman of the Boardof Trustees of the GenCos, Rtd. Colonel Sani Bello, made threats known to journalists in Abuja on Monday.
GenCos lamented that the mounting liabilities were crippling their ability to operate and threatening a total shutdown of electricity generation in Nigeria.
“The power generated by GenCos has continued to be consumed in full without corresponding payment.
“This situation has dire consequences for the GenCos and, by extension, the entire power value chain,” he said.
Of the N4tn owed, N2tn is for electricity generated in 2024, while N1.9tn represents legacy debts.
GenCos noted that the 2025 national budget’s N900 billion allocation for the power sector is grossly inadequate to address those arrears and sustain future payments.
Bello described the situation as “a clear departure from existing terms of the Power Purchase Agreement,” adding that under current conditions, GenCos only receive about 9–11 ppercent of their invoices, while regulatory bodies and other service providers are paid in full.
The GenCos also highlight the sharp decline in collection rates— below 30 percent in 2024— which they say has worsened the liquidity crisis.
“The crises from cash liquidity are on the top burner and have reduced GenCos’ ability to continue to perform their obligations,” he said.
Further compounding the issue are operational costs denominated in U.S. dollars and limited access to forex.
“The importance of a specialised window or stable dollar allocation option for the GenCos cannot be overemphasised,” Bello said.
GenCos added that they were demanding urgent government action, including full settlement of outstanding invoices, reprioritization of the waterfall payment structure, and guarantees backed by institutions like the World Bank and AfDB.
“There is a need for a coordinated approach by all stakeholders to address the liquidity issue realistically and sustainably. This request requires urgent attention,” he added.
The Minister of Power, Adebayo Adelabu, has yet to respond to the matter as of the time of filing this report.
News
NGE Condemns Arbitrary Closure of Badeggi Radio Station by Gov Bago for allegedly promoting violence
Governor Bago acted outside his powers to order the closure of a radio station.

• Eze Anaba, NGE President
The Nigerian Guild of Editors (NGE) strongly condemned the closure of Badeggi Radio by Governor Mohammed Umar Bago of Niger State.
In a statement signed by Eze Anaba, NGE President, and Onuoha Ukeh, General Secretary, they said that the closure of the radio station was a blatant attack on press freedom and democracy in Nigeria.
Ohibaba.com garhered that Governor Bago accused the owner of the Station for incitement of the people against government and directed that the license of the Radio station be revoked.
The governor directed the Commissioner for Homeland Security and the Commissioner of Police to seal the radio station, and emphasised the need for the security operatives to profile the owner of the radio station as his station promotes violence”, Ibrahim Said
According to the Guild, this act of censorship and intimidation undermines the fundamental principles of a democratic society, where free press is essential for holding those in power accountable.
The association referred to section 39 of the 1999 Constitution (as amended) guarantees freedom of expression and press freedom.
The power to sanction television and radio stations only lies with the Nigerian Broadcasting Commission (NBC) after a thorough investigation of any alleged breach of the Code.
Also, Article 9 of the African Charter on Human and Peoples’ Rights, which Nigeria is signatory to, also guarantees press freedom and freedom of expression.
Said the statement : ” The closure of Badeggi Radio, a vital platform for public discourse and information dissemination, is a worrying trend that threatens the very fabric of our democracy.
Governor Bago acted outside his powers to order the closure of a radio station.
The power to sanction television and radio stations only lies with the Nigerian Broadcasting Commission (NBC) after a thorough investigation of any alleged breach of the Code.
We are happy that the Minister of Information and National Orientation, Mallam Mohammed Idris, has pointed this out. This should go beyond observing the anomaly.
The federal government should order the unsealing of the premises of the radio station, while investigation is carried out.
Government officials should know that we are in a democracy and therefore, the act of arbitrary order for the sealing off and closure of a radio station is unacceptable. Arbitrary closure of media houses reminds us of the dark days of military rule, which ended 26 years ago.
Governor Bago’s allegation of incitement of violence by the radio station is a serious issue, which has to be investigated and proven before any action can be taken.
We urge the media to operate under strict adherence to the code of ethics of journalism, with responsible conduct at the back of the minds of the professionals.
We also call on the authorities to take measures to respect the rights of citizens to access information and express themselves freely.
Badeggi Radio should be reopened while the investigation continues.
The Guild reiterates that a free and independent press is essential for a functioning democracy and demands that governments at all levels respect and uphold this fundamental right.”
News
NLC rejects FG’s new policy stopping frequent industrial strikes
” We are in shock that from a catalogue of hundreds of workplace issues contained in the National Industrial Relations Policy, the Federal Government singled out industrial strikes as its headache.

• Joe Ajaero, NLC President
The Nigeria Labour Congress (NLC) has expressed concerns over the newly adopted National Industrial Relations Policy by the Federal Government.
In a statement made available to newsmen on Saturday in Abuja, Mr. Joe Ajaero, NLC President, said the new policy would make embarking on strike a criminal issue and silence trade unions.
In a statement made available to newsmen on Saturday in Abuja, Mr. Joe Ajaero, NLC President, said the new policy would make embarking on strike a criminal issue and silence trade unions.
NLC considers the statement by the Federal Government that the newly adopted National Industrial Relations Policy is aimed at stopping frequent industrial actions, particularly strikes by trade unions, as very reprehensible.
“The statement was part of the press release by the Federal Government at the end of the Federal Executive Council (FEC) meeting, which took place on 31st July 2025.
“We are in shock that from a catalogue of hundreds of workplace issues contained in the National Industrial Relations Policy, the Federal Government singled out industrial strikes as its headache,” he said.
News
Olumuyiwa Adejobi Becomes Deputy Commissioner of Police
The promotion, approved by the Police Service Commission, underscores DCP Adejobi’s exceptional service, professionalism, and unwavering dedication to the ideals of policing in Nigeria.

The Nigeria Police Force has announced the elevation of its Force Public Relations Officer (FPRO), Olumuyiwa Adejobi, from the rank of Assistant Commissioner of Police (ACP) to Deputy Commissioner of Police (DCP).
The promotion, approved by the Police Service Commission, underscores DCP Adejobi’s exceptional service, professionalism, and unwavering dedication to the ideals of policing in Nigeria.
Adejobi was first appointed in acting capacity on 16th February 2022 as a CSP and took over from then CP Frank Mba. He was later confirmed by then IGP Usman Alkali (Rtd).
DCP Adejobi has served as the image maker of the Nigeria Police Force with distinction.
Since his appointment as FPRO, he has led several strategic initiatives to rebuild public trust, improve accountability, and modernize the force’s communication channels.
DCP Adejobi studied Archaeology and Geography (Combined Honours) from the University of Ibadan.
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