It was announced on Wednesday by Mele Kyari, the Nigerian National Petroleum Corporation, Group Managing Director, that the Federal Government paid the sum of N200bn for power supply in Nigeria.
On Thursday, the Executive Secretary, for the Association of Power Generation Companies, Joy Ogaji, stated clearly, “For the records, Gencos has not received fresh funds from anyone. What Gencos have received is payment for energy produced and consumed for 2019.
“Gencos have not received any funds of any nomenclature – palliative, stimulus or coronavirus funds. We are currently being paid the money owed for 2019. We take exceptions to our name being used to score political points,”
“Below are figures of our performance from February till date to buttress our assertion of making power available. Nigerians should ask why this power is not getting to them,”
She noted that in February, available generation capacity was 9,440 megawatts, average generation was 4,629MW, while stranded generation was 4,811MW.
In March, the Gencos put available generation capacity at 8,318.07MW; average generation, 3,912.47MW, stranded generation, 4,405.61MW.
Also from April 1 to 14, available generation capacity was 8,269.31MW; average generation, 3,951.23MW and stranded generation, 4,961.96MW.
An official in a power distribution company, who remains anonymous, said N200 billion was not paid to them.
“It has nothing to do with the Discos and has nothing to do with the palliative that is being proposed. Let the President pass the law. I know you have not seen any law on palliatives that has been passed.
“When they pass the law and the President signs it, then the content of it will tell us what the development is.”
