The Federal government has said it is expecting an improved power supply as it offsets outstanding payments to electricity generation companies especially those powered by gas.
The Minister of Power, Adebayo Adelabu, in a statement by his Special Adviser on Strategic Communication and Media Relations, revealed that the blackout experienced in parts of the country was due to low supply of gas to power generating companies.
This supply constraints is linked to inability of the GenCos to meet their obligations to gas suppliers due to backlog of payments they are owed for electricity it had supplied to Distribution Companies through the Transmission Company of Nigeria (TCN). Gas suppliers in turn withheld gas supplies to these GenCos.
The federal government is now working to ensure outstanding payments are made to power generation companies to enable them purchase more gas so as to increase electricity generation and by extension electricity supply to Nigerians.
He said the payments were to ensure improved gas supply and bolstered power generation.
Adelabu said, “we acknowledge the current unsustainable situation, and we expect a turnaround immediately.”
The minister added that efforts are being made to guarantee a prompt end to the nation’s electricity situation.
The Transmission Company of Nigeria (TCN) had earlier on attributed the gradual decrease in available generated power into the national grid to gas supply constraints.