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Tag: PHCN

Expect power outage as six power plants partially halt operations over gas shortage

December 24, 2021December 24, 2021Ayo Olowo

There is possible power outage looming, as six power plants under the management of the Niger Delta Power Holding Company have stopped operations due to a breach in the supply of gas to the facilities. As stated in a letter from the NDPHC to the Managing Director of the Nigerian Bulk Electricity Trading Plc, the […]

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RESPITE as FG releases N1.05bn to settle PHCN retirees

September 21, 2018September 20, 2018Ayo Olowo

Aggrieved retirees of the defunct Power Holding Company of Nigeria (PHCN) will smile soon as the federal government has taken the necessary steps to pay their entitlements. The government has released about N1.05 billion to settle outstanding claims and entitlements of the 408 staff of the defunct PHCN. The Director-General of the Bureau of Public […]

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