Senator Enyinnaya Abaribe, who chairs the committee, revealed the figure during a retreat organised by the Nigerian Electricity Regulatory Commission (NERC) in Ikot-Ekpene, Akwa Ibom State, over the weekend.
He said the government has failed to make any payments to the GenCos this year, pushing the sector deeper into a severe liquidity crisis.
“There’s a liquidity crisis in the power sector,” Abaribe said. “The generating companies are owed so much, the distribution companies are also owed so much.
“The tariff shortfall that we have means that every month the government owes ₦200 billion of payments, and for this year, 2025, no payment has been made. In other words, we’re already short by ₦800 billion.”
