39 Billion Naira Debt Might Keep Us From Having Regular Power Supply!

39 Billion Naira Debt Might Keep Us From Having Regular Power Supply!

19:53

Electricity supply which seemed to be improving positively has been on a downward slide in recent times and according to the Chairman of Egbin Power Plc, Kola Adesina, a debt of N39 Billion is actually hindering optimal operation of the plant.

This amount is owed the Egbin Power Station for the power it generated into the national grid since 2013 to date and has created a liquidity crisis that is affecting efforts to boost electricity generation in the country.

Egbin Power Plc is the largest power generating station in Nigeria and with a huge capacity to contribute to the national grid.

I guess this means we should not expect steady power supply anytime soon?

0 Comment "39 Billion Naira Debt Might Keep Us From Having Regular Power Supply!"

Post a Comment

Thank You For Reading....Your Comments Are Always Welcome!

Thank you for your comments

Subscribe to: Post Comments (Atom)