Gencos clears air on N1tn debt
Electricity generation companies have said they are not planning to disrupt power supply in the country but that their inability to pay for gas due to the non-payment of the debt owed them will lead to the shutdown of power plants.
The Minister of Power, Works and Housing, Mr. Babatunde Fashola, alleged last week that the Gencos were planning to disrupt the supply of electricity across the country.
“Let me say very clearly to all operators that I get reports of many of the clandestine meetings that some of them (Gencos) are holding with a view to disrupting the supply for political capital,” he said at the 25th Monthly Power Sector Meeting in Uyo.
The Execut
Leave a Reply