Leadership: "Inadequate Gas Supply Is Frustrating NIPP Initiative" - Nigeria
The former chairman of the Nigerian Electricity Regulatory Commission (NERC), and managing director of Aiteo Power and Gas, Dr Ransom Owan, has lamented that inadequate gas supply to thermal power stations is frustrating reform in the sector.
Owan, who spoke at the West African Power Industry Convention (WAPIC) in Lagos, said that the privatisation of 10 power stations built under the National Integrated Power Project (NIPP) has been stalled due to irregular gas supply.
He said that the federal government could generate up to $5.6 billion in the sale of the power plants but pointed out that “lack of gas is stalling the deals.”
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