Nigeria, April 15 -- Power Generation Companies (GenCos) on Monday warned of imminent shutdown due to a N4 trillion debt owed by the Nigerian government for electricity generated and supplied to the national grid.

A statement on Monday, signed by the Board of Trustees Chairman, Association of Power Generation Companies, Sani Bello, said the debt, which includes N2 trillion for 2024 and N1.9 trillion in legacy debts, is threatening the continued operation of their power generation plants.

In February, the Minister of Power, Adebayo Adelabu, said the Nigerian government owes electricity generation companies (GenCos) and distribution companies (DisCos) in the country over N4 trillion debt.

Mr Adelabu added that the debt burden is cripplin...