One of Nigeria’s power-generating company, Geregu Power Plc, has announced a 254.37 per cent year-on-year appreciation in its revenue to N50.42bn in the first quarter of 2024 up from N14.23bn in corresponding period in 2023.
This was contained in its interim financial statement filed with the Nigerian Exchange Limited recently, it revealed that the Q1 2023 revenue was N14.23bn.
The result was released a day earlier than the firm’s Deputy Chief Executive, Julius Omodayo-Owotuga, disclosed at its recent annual general meeting in Lagos.
