The Minister of Power, Bayo Adelabu, cited outstanding debts and insufficient gas supply as key factors hampering the optimal operation of power plants.
During his visit to the Olorunshogo Power Plant in Ogun State and the Omotosho Power Plant in Ondo State, managed by the Niger Delta Power Holding Company, Adelabu expressed amazement at the under-utilization of these facilities, each operating below 25% capacity.
He emphasized the need to address gas supply shortages, repair idle turbines, and tackle outstanding debts owed to generation companies.
Adelabu also advocated for a transition to cost-reflective tariffs to ensure sustainable funding for the power sector, highlighting the importance of fully funding subsidies if maintained.
Despite challenges, he assured ongoing efforts to enhance nationwide power supply through reliable energy sources.
