Nigerian Government To Address Gencos’ Gas Supply Challenge
Aug 2, 2021 ·
57s
The federal government says there is an ongoing effort involving some key government establishments in the gas and power value chain to address the gas supply challenge and increase output...
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The federal government says there is an ongoing effort involving some key government establishments in the gas and power value chain to address the gas supply challenge and increase output from the power generation companies.
The federal government says it would take a decisive measure against the ministries, departments and agencies under it over their high indebtedness to the Gencos and distribution companies.
Special Adviser to the President on Infrastructure and Secretary of the Power Sector Reform Working Group, Mr Ahmed Zakari, says discussions were ongoing to address the gas supply concerns.
Zakari attributed the gas supply challenge to a lack of firm gas agreements backed with Power Purchase Agreements between some of the Gencos and their gas suppliers.
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The federal government says it would take a decisive measure against the ministries, departments and agencies under it over their high indebtedness to the Gencos and distribution companies.
Special Adviser to the President on Infrastructure and Secretary of the Power Sector Reform Working Group, Mr Ahmed Zakari, says discussions were ongoing to address the gas supply concerns.
Zakari attributed the gas supply challenge to a lack of firm gas agreements backed with Power Purchase Agreements between some of the Gencos and their gas suppliers.
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