Olorunsogo, more power plants remain idle due to paucity of gas supply
Contrary to earlier claims that pipelines vandalism had been the reason behind the shortage of gas supplies to major power plants across the country, for more than one month of no vandalism, some key power plants have remained idle because…
Combined debts of N136.4b hobbling Olorunsogo, Egbin power stations, darkness looms
Less than two day the operators of Olorunsogo Power Plant in Ogun State has traced their technically moribund status since inception to the debt of N26.4 billion owed it, Egbin Power Plc, has warned that the country is heading towards…
Debts of N26.4bn owed by NBET, others killing Olorunsogo power station’s 335MW capacity
A clear reason has emerged on why Olorunsogo Power Plant in Ogun State has remained technically moribund since inception. Managing Director/Chief Executive Officer of Pacific Energy Company Ltd, operator of the plant, Monsuru Afinni, in an interview revealed that a…