The power Generation Companies, GENCOs, have called on the Federal Government to put on franchise some of the gas pipelines which are in strategic locations, especially the Niger-Delta region, in order to guarantee surplus gas supply to thermal plants.
The companies have also challenged the Nigerian Electricity Regulatory Commission, NERC, to endeavour to respect contractual agreements in order to unlock prospects in the nation’s power sector. They further demanded that all players in the power sector value chain should be treated equally with fairness, and ensure scenarios where defaulters are also made to face sanctions or are penalized.
The Chairman of the Association of Power Generation Companies, APGC, Dr. Joy Ogaji, who made the remarks while speaking during an interview in Abuja, agreed that the challenge of non-availability of gas did not just affect the GENCOs alone but the entire power sector value chain.
Source: Vanguard
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