The Managing Director (MD) of Mainstream Energy Solutions Limited, Engr. Lamu Audu, told journalists after a facility visit to Jebba and Kainji Hydro Power Plants that his company was being owed N44 billion for energy produced and consumed
It would be recalled that the nation’s power sector has been said to be in jeopardy, with a looming major power crisis as investors have threatened to shut power generation plants over unpaid invoices. Audu also said GenCos in the country were being frustrated by the rejection of power being generated by Distribution Companies (Discos), leading to a loss of between 20-25 per cent of total outputs. He warned that the federal government must act urgently, or face an imminent national blackout.
He added that the government did not plan very well by investing more in thermal plants than hydro despite the fact that Nigeria had the potential to develop huge hydro power generation. He noted that the nation only had three hydro power plants which are Kainji, Jebba and Shiroro, delivering power to the grid. He also highlighted hydro’s capacity by saying that at the point of serious issues of gas pipeline vandalism and non-availability of gas, the grid was sustained particularly by Kainji and Jebba hydro power plants, as during that period, Shiroro had issues of water.