Despite the Ministry of Power’s promise that President Bola Tinubu would soon meet with power generation companies to discuss the N4.7tn debt owed to them, there has been a deafening silence, with no communication extended to the GenCos nearly two months later.
According to the special adviser to the president on Energy, Olu Verheijen, he said that Last month, the Federal Government said that it planned to pay N2tn of the N4.7tn debt before the end of the next quarter,despite the promises, GenCos told News men that the Federal Government is yet to contact them for any discussion about payment or how to see the President.
But the Minister of Power, Adebayo Adelabu, through his media aide, Bolaji Tunji, told News men that efforts were still ongoing to arrange a meeting between the generation companies and president Tinubu.
However, Operators feared that if nothing is done urgently, many power plants might stop running or be denied access to gas supply to avoid incurring more debts.
