RUSSIA LAUNCHES MASSIVE DRONE AND MISSILE BARRAGE ON UKRAINE, KILLING AT LEAST 18 CIVILIANS AND STRIKING KYIV AND MULTIPLE CITIES. (PHOTO).

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 Russia launches massive drone and missile barrage on Ukraine, killing at least 18 civilians and striking Kyiv and multiple cities  Russia carried out a large-scale overnight assault on Ukraine, launching hundreds of drones and dozens of missiles that killed at least 18 civilians and wounded more than 100 others across multiple cities, officials said Tuesday. The strikes hit Kyiv, Dnipro and other regions, with emergency crews working through destroyed residential buildings where some victims were trapped under rubble. In Dnipro, rescuers recovered the bodies of a 3-year-old child and a mother and her 8-year-old son, while officials reported 12 deaths in the city and six in Kyiv. The bombardment stretched from night into daylight, with explosions reported across wide areas of the country. Kyiv residents had been on alert for days after warnings of a major aerial attack, including advisories for foreign diplomats to leave the capital. Despite those warnings, most remained in pl...

GENCOS THREATEN NATIONWIDE SHUTDOWN OVER ₦4TRN DEBT. (PHOTO).


 GenCos Threaten Nationwide Shutdown Over ₦4trn Debt


Power generation companies (GenCos) have warned of an imminent shutdown of power plants nationwide due to an outstanding ₦4 trillion debt owed by the Federal Government.


In a statement released on Monday by Col. Sani Bello (Rtd), Chairman of the Board of Trustees, Association of Power Generation Companies (APGC), the GenCos revealed they are owed ₦2 trillion for electricity supplied in 2024 and ₦1.9 trillion in legacy debts.


They lamented receiving less than 30% of their monthly invoices, citing severe cash flow constraints, regulatory hurdles, and inadequate government budgetary allocation for the sector.


The companies warned that failure to urgently address the liquidity crisis could lead to national grid collapse and security challenges, urging immediate action and a clear debt repayment plan.

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