The Association of Power Generation Companies has blamed the Distribution Companies for the low power generation in the country.
Speaking at an event in Lagos on Thursday, the Executive Secretary of the association, Dr Joy Ogaji, said the DisCos have also refused to pay up the N2trn debt owed them.
Ogaji revealed that the GenCos were owed N2trn and not N500bn as being reported, adding that its members also owe suppliers N1trn.
She added that the GenCos had not been able to make power available due to the huge debts being owed them by the Nigerian Bulk Electricity Trading Plc (NIBET)
Ogaji further explained that although the GenCos currently had enough power generating capacity, the market was not available as the DisCos had not been able to take all power generated.
“Nigerians don’t want power because there is no demand for it. For instance, Egbin, which has over 1000 capacity, has not been able to generate 800MW because there’s no demand,” she said.
