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FG debt, gas shortage cripple operations of Ibom Power plant

Summary by Vanguard News
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 Ib…

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Vanguard News broke the news in Nigeria on Thursday, July 23, 2026.
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