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    The Nation: Debt Cripples Gas Supply to Power - Nigeria

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Summary

The MD of Aiteo Power says gas debt, not just pipeline vandalism, is responsible for hindering electricity generation in Nigeria

by: Erica Mills

Posted in:

Press Notes, Africa

The Nation: Debt Cripples Gas Supply to Power - Nigeria

The huge debt incurred by operators in the gas value chain, is hindering electricity generation and distribution in the country, the Group Managing Director, Aiteo Power, Dr Ransome Owan has said.

He said stakeholders were only looking at the issue of perennial gas scarcity from the angle of pipeline vandalism, without considering the financial bottlenecks affecting the transportation and utilisation of gas in the power sector.

Read the full article HERE.