Gas Supply to Power Plants are Cut Off Over Mounting Debt in Nigeria
A deepening crisis has gripped Nigeria's power sector as wholesale gas producers abruptly halted the supply of natural gas to power generation companies (GenCos) due to a staggering accumulation of unpaid debts. This drastic measure has plunged the nation into widespread blackouts, exacerbating the already precarious electricity situation and raising concerns about the stability of the energy sector. The alarming development came to light through an exclusive interview with Dr. Joy Ogaji, the Chief Executive Officer of the Association of Power Generation Companies (APGC). She revealed that gas producers took the unprecedented step of suspending gas supply after receiving instructions from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The NMDPRA reportedly cited the escalating debt owed by GenCos as the reason for their directive, ordering gas producers to cease deliveries until further notice. This situation has thrown the […]