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USD/NGN 1,327.10GBP/NGN 1,794.63USD/NGN black market ₦1,390GBP/NGN black market ₦1,880

Ibom Power Seeks N12bn Bailout as Crisis Cripple 191MW Plant

Peter Uzoho Akwa Ibom’s wholly-owned Ibom Power Plant is seeking between N10 billion to N12 billion bailout fund from the state government to avert a total collapse, as gas supply

Aggregated · originally by ThisDay
15 Sept 2026, 01:16 WAT · 3 min read
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Ibom Power Seeks N12bn Bailout as Crisis Cripple 191MW Plant

Peter Uzoho Akwa Ibom’s wholly-owned Ibom Power Plant is seeking between N10 billion to N12 billion bailout fund from the state government to avert a total collapse, as gas supply