Power generation companies represented by the Association of Power Generation Companies (APGC) in Nigeria have expressed concerns that the Federal Government's proposed N3.6 trillion power subsidy plan, which spans from 2026 to 2028, may not adequately address the liquidity crisis faced by the electricity sector. Joy Ogaji, the CEO of APGC, emphasized that resolving the ongoing financial challenges in the electricity sector cannot be achieved within a three-year timeframe and called for the plan to be extended beyond 2028. The Nigerian government has taken steps to tackle the significant debts associated with electricity subsidies, which have contributed to liquidity issues across the power generation industry. A recent report highlighted the government's proposal to allocate N3.6 trillion from the Federation Account to facilitate these subsidy payments over three years, effectively sharing the financial responsibility among federal, state, and local governments. This measure aims to alleviate the pressing debt crisis affecting electricity providers and improve the overall management of the sector. The discussions surrounding the power subsidy payment plan come at a critical time for Nigeria, as the electricity sector has been fraught with financial instability and operational difficulties. The push by power generation companies for an extended plan underscores the urgency of addressing the liquidity crisis, as many stakeholders in the industry are concerned that a short-term approach may not yield sustainable improvements. Without a comprehensive and long-term strategy, there are fears that the financial struggles in the power sector will persist, further impacting the energy supply and economic growth in Nigeria.