{"id":196222,"date":"2025-04-17T05:48:30","date_gmt":"2025-04-17T03:48:30","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-blackout-looms-as-gencos-threaten-shutdown-of-power-plants-over-n4-trillion-electricity-debt\/"},"modified":"2025-04-17T05:48:30","modified_gmt":"2025-04-17T03:48:30","slug":"nigeria-blackout-looms-as-gencos-threaten-shutdown-of-power-plants-over-n4-trillion-electricity-debt","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-blackout-looms-as-gencos-threaten-shutdown-of-power-plants-over-n4-trillion-electricity-debt\/","title":{"rendered":"Nigeria: Blackout Looms As Gencos Threaten Shutdown of Power Plants Over N4 Trillion Electricity Debt"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"11\"><em>\u00b7Demand repayment plan, security guarantees backed by World Bank or AfDB<\/em><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"10\"><strong>\u00b7Seek special FX window for procurement of spare parts, others<\/strong><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"9\"><strong>\u00b7Say less than 30% of total invoice received monthly<\/strong><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"9\"><strong>Emmanuel Addeh in Abuja and Peter Uzoho in Lagos<\/strong><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"37\">Electricity Generation Companies (Gencos) operating in Nigeria yesterday demanded the settlement of debts owed by the federal government, noting that otherwise the prevailing situation could lead to a complete shutdown of the power sector in the country.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"27\">The&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202504160682.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Nigeria\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/nigeria\/\">Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00b7Demand repayment plan, security guarantees backed by World Bank or AfDB \u00b7Seek special FX window for procurement of spare parts, others \u00b7Say less than 30% of total invoice received monthly Emmanuel Addeh in Abuja and Peter Uzoho in Lagos Electricity Generation Companies (Gencos) operating in Nigeria yesterday demanded the settlement of debts owed by the [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":196223,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[5432,258,256,8618,6861,4895,51145,12647,257,4687,393,5142,7047,254,7002,8820],"class_list":["post-196222","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-shutdown","tag-africa","tag-africa-news","tag-blackout","tag-debt","tag-electricity","tag-gencos","tag-looms","tag-news","tag-nigeria","tag-nigeria-news","tag-plants","tag-power","tag-south-africa-today","tag-threaten","tag-trillion"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/196222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=196222"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/196222\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/196223"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=196222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=196222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=196222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}