Egbin Power Plant owed $202m debt payments

02 December 2015, Lagos – Nigeria’s largest power plant has said that it is owed more than N40 billion ($202 million) and is facing persistent gas supply shortages despite boosting capacity, highlighting continuing challenges in ending daily blackouts since private companies took over the state utilities two years ago. Egbin Power Plc’s Chief Executive Officer, Dallas Peavey […] More »