Nigeria: Gencos Urge Govt to Place Vital Gas Pipelines On Franchise

19 June 2018

The power Generation Companies, GENCOs, have called on the Federal Government to put on franchise some of the gas pipelines in strategic locations especially the Niger-Delta region in order to guarantee surplus gas supply to thermal plants.

Besides, the companies have also challenged the Nigerian Electricity Regulatory Commission, NERC, to endeavour to respect contractual agreements in order to unlock prospects in the nation's power sector. They further demanded that, all players in the power sector value chain should be treated equally with fairness where defaulters are made to face sanctions or penalized. According to them, "NERC should perform its role as an independent regulator rather than being a toothless bulldog."

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