Business Nigerians to Enjoy Steady Electricity Supply by October- Prof. Nebo

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LequteMan

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Plans have been put in place to ensure steady supply of electricity in the country by October 2014, Minister of Power, Professor Chenedu Nebo said at a stakeholder's meeting in Abuja on Friday, adding that the debt owed power generation companies would also be cleared.

“The generation companies have been complaining that they need to have all their bills paid. The good thing about this is that arrangements are being made to make sure that all the generation companies get their money as at when due.

“We are working on that. That is part of the meeting that was chaired by Mr Vice President.

“Next thing is how far we have come with the issue of even settling the gas question. The gas question has remained for quite a while. But very thankfully, the Honourable Minister of Petroleum Resources and I, the central bank governor and chairman of NERC met severally to address those issues.

“And that eventually ended in finding resources to take care of the indebtedness of the generation companies to the gas companies.

“So once we take care of the backlog, we insist that the gas companies will eventually produce more gas.’’

“The gas is now beginning to come back and it’s something that gives all of us a lot of joy. And we know that it will continue to grow that way even until December because now some of the facilities, maintenance, repair works on the gas equipment and so on”. He added.

“The gas producers have come to a place where almost all of these is being taken care of, and then the new gas we are expecting we have then trickling in right now.

“So that part of the shortfalls we’ve had in production up to this time, we hope that by the beginning of October, we will see a much better stabilisation of the entire power delivery system in the country," #Vanguard quoted him as saying.

#Nigeria #Power #Electricity
 

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