Minister of Power, Works and Housing, Mr. Babatunde Fashola says statements made about the possible closure of the nation’s power supply chain is “inflammatory and insensitive to Nigeria’s national security”.
The minister’s statement is a reaction to one made by Mr. Dallas Peavey Jr, Managing Director of Egbin Power Plc.
Mr Peavey said that the nations will experience severe power outages in the coming weeks. This, he said, is due to the drop in liquidity and gas for operations at Egbin. And they will be forced to shut down operations if the situation stays the same.
“If the commentator was not [sic] introspective, he would mention that the debts were not incurred by this administration, and that debt and settlement are continuous events in the power value chain, bills are served, claims are made, they are verified and settled”, the Minister said.
On another statement, making the rounds, that the power grid cannot support 1300MW. The minister says the grid has the capacity to support 5300MW.