• Egbin Power Station groans under N86b FG debt, seeks payment

    Egbin Power Station groans under N86b FG debt, seeks payment

    Dallas Peavey, the Chief Executive Officer of Egbin Power Plc, has said the company is highly constrained by more than N86 billion debt owed it by the Federal Government.

    Peavey made the fact known in Lagos on Saturday during the company’s scholarship award programme to schools within Ijede community in Lagos State.

    He appealed to government to pay up the debt to enable it to carry out its operations.

    He also said gas supply had been a major challenge to power generation.

    Peavey said: […]