Nigeria Federal Ministry of Power weekend said it has started the recovery and reactivation of some generation plants at Afam Power stations to restore the plants to full generating capacity.
At the moment only one of the five plants is working with
an output of only 270 MW out of Afam installed capacity of about 1000MW of electricity.
Minister of Power, Saleh Mamman, who disclosed this during an inspection visit to Afam, said the power project was still under the privatisation process, adding that the government had approved funds to carry out major repairs on some of the plants.
He disclosed that some of the issues affecting the project have already been presented to Federal Executive Council for deliberations and approval.
Mamman commended Afam community for loyalty and support, while promising that they would be carried along in the privatisation process of the company.
He also disclosed that the rehabilitation of the Afam road has also been taken up with the Federal Government.
While receiving the minister, the Managing Director/Chief Executive Officer, Afam Power Stations, O. N. Obademi, said the major problem confronting the Afam Power Project is the paucity of funds, pointing out that Afam has not received a single budgetary allocation since 2012.
He revealed that out of the five plants installed at various times in Afam, only Afam IV was functional with an output of 110MW, while Afam V, installed in 2012 with capacity to generate 276MW was being overhauled.
Obademi said the company was unable to source for funds from the capital markets or banks because of its ownership issues. Transcorp which is the company’s preferred bidder was yet to pay and assume ownership of the plant.
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