FG debt, gas shortage cripple operations of Ibom Power plant

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.

Raccontata davanguardngr.com