FG debt, gas shortage cripple operations of 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 it […] The post FG debt, gas shortage cripple operations of Ibom Power plant appeared first on Vanguard News.

By Urowayino Jeremiah