Erratic Power Supply will Persist if issues of National Grid are not Addressed – GENCOs

The Generation Companies of Nigeria (GENCOs) has said that the current epileptic power supply witnessed across the country will continue if issues affecting the national grid are not addressed.

Addressing newsmen in Abuja on Sunday, the Managing Director/ Chief Executive Officer, Association of Power Generation Companies Dr. Joy Ogaji noted that over seven GENCOs has consistently demonstrated commitment to the power sector, but issues around the national grid and outstanding debts still lingers.

“The current state of the National Grid must be addressed. Otherwise, we’ll continue to always deny Nigerians their legitimate expectation to reliable supply of electricity. Over seven gencos have consistently demonstrated their commitment to Nigeria, Nigerians and the power sector”.

According to Ogaji, report has that the current low power supply was attributed to the GENCOs, but affirm that it was not true.

“The attention of the power generation companies in Nigeria in bracket gencos have been drawn to a publication by the transmission Company of Nigeria TCN issued on the eighth day of March 2022 in some national dailies and social media, social media platforms ascribing low power generation to gencos inability or refusal to generate in the publication TCN sought to absolve itself of any responsibility from the ongoing shortage of power supply in the country”.

She noted that If we get the Nigerian electricity supply industry right we will get the Nigerian economy right but the issue at hand is not about blame game but resolve to find a solution as soon as possible.

“We rejects any attempt to continue to extend the blame game by suggesting that gencos are responsible for the current state of things in the past sector. Nothing can be further from the truth than that”.

She however call for an urgent meeting with the government and relevant stakeholders to address the issue at hand as a matter of urgency.

“We want to have a seat down as a matter of urgency with the government if we want sustainability of power in the market, we are calling on various agencies to call the GENCOs to a room, we are tired of crying on the pages of news papers before we can be heard”.

“We are calling on the government to seat down with us and look at each of these lined item and let NBET also bring there own document, let us do a reconciliation”.

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