Electricity manufacturers encourage FG to clear the credit of N2.7TN Legacy,
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Gas-producing companies in Nigeria renewal unity government calls to deal with N2.7 Trillion Legicy Credit You owe gas provided for electronic generation companies (Gncos). Plea is made under the umbrella of Petroleum Individual Group (IPGG) During the high-quality meeting with Petroleum Service Minister of Petroleum (Gas), in Kperikpe Ekpoin Abuja on Tuesday.
The transfer of power, led by The Chairperson of the IPPG Abdulrazaq IsaIt has expressed deep concerns for growing debt and its negative impact on maximum investment and gas stiffness in the energy sector.
In a statement issued by Media Media broke, Louis BahThe party urged the government to give immediate intervention in important areas such as Gas prices, penalties for gas, infrastructure, receivables, and LPG availability to prevent further distraction in the field.
Gas producers noted that despite previous government’s commitment to the backlog graduate, there were little no move, leaving them in financial stress. Since December 2024, N2.7 trillion The credit bureau remains unpaid, forcing some companies that To stop the gas supply to the gencos, leading National Blactors at the beginning of the year.
Isaiah said the debt and other unwanted industrial challenges were the power producers producers to provide electricity, investing new projects, or storing existing infrastructure. “We need an emergency policy and financial support if we are going to keep activities and waste new money,” he said.
Chairman, however, President Bola Tinuubu is recommended Professional and electricity professional professionals in the critical leadership positions in the NIGERIAN National Petroleum Company Limited (NNPC Ltd) once The National Assignment. He also praised the Minister of KPO by his commitment to reforming the gas sector.
In his reply, at the KPO He approved an important role IPPG members of the Nigeria’s Value Chain, notes that their contributions support operations, economic growth and President TiniBu’s Hope Updated by Hope. Confirmed the manufacturers that the corporate government knows their challenges and Working in Solutionincludes participants and regulatory structures.
“We see your challenges and to cooperate with them.
The IPPG is a group of Traditional Interpreting Companies and Production Companies Playing the role of strategies in state and the country’s oil. The team is constantly grown Advanced policies, clarity, and financial hardware in the industry.
The industry viewers say that unless the credit dispute is immediately resolved, the world is a dangerous country More Distractions in Power Residence and saw a Frequently decrease in the investment in the gas fieldTo threaten progress in dealing with energy and industries.
