Vanguard
Africa · 8 mins ago
FG debt, gas shortage cripple operations of 191MW Ibom Power plant
By Udeme Akpan, Energy Editor Ibom Power Company Limited (IPC), one of Nigeria’s first independent State-owned power plants, lost nearly a full year of electricity generation in 2025/2026 after a prolonged gas supply crisis crippled operations at its 191-megawatt power plant, highlighting the deepening liquidity challenges across the country’s power sector. The company disclosed that…
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