Lockdown: FG Approves N200bn To Improve Power Supply

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Lockdown: FG Approves N200bn To Improve Power Supply



As part of plans to increase power supply to Nigerians during the COVID-19 lockdown, the Federal Government has approved N200 billion payment for improved gas supply to the electricity Generation Companies.

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday made this known after a meeting with the Minister of Power, Engr. Saleh Mamman and the Managing Director of the Transmission Company of Nigeria (TCN), Mr Usman Gur Mohammed at the Ministry of Power in Abuja.

Kyari said, 

“The federal government has made payment of over N200 billion for power in the two or three days, this will go a long way in making sure that those payment issues are resolved and we are engaging as government to make sure that those payment issues are fully settled.”

“I will visit some of the plants by tomorrow to make sure that any curtailment that is in the system is sorted out and ultimately Nigerians during this period of lockdown will have better access to power,” Kyari noted.

Similarly, MD TCN, Mr Mohammed said although there is gas but several power plants do not have gas supply agreements.

He said,

”The suppliers always divert it to other places and from time to time, we always have constraints of gas and that is a big problem to us".

“With this meeting that has taken place and for the fact that the Minister has prevailed on the GMD of NNPC because we are still the same government, to asset in the supply of gas to the power plants, we believe that we are going to have more sustainable power supply going forward especially during this period of COVID-19."


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