Electricity Crisis Deepens as GenCos Warn of Total Collapse Over Federal Debt

Ogaji confirmed that the total amount owed to GenCos stood at N4 trillion as of December 2024 and has since climbed to N6.5 trillion. She noted that the current monthly invoice for power generated by GenCos stands at about N280 billion, out of which roughly N200 billion remains unpaid every single month. “The payment is just about 35 percent and sometimes below that,” she said.

UNILAG ASUU Begins Indefinite Strike Today

The UNILAG chapter of the Academic Staff Union of Universities declared an indefinite strike effective today Wednesday March 11, 2026 after members received what the union described as “amputated” salaries for both January and February 2026, incomplete payments that excluded key allowances the lecturers are contractually entitled to.