Minister of Power, Works and Housing, Babatunde Fashola says he is not afraid of law courts following a suit filed against the government by some power generating companies (GenCos).
The GenCos had levelled accusations against the government regarding “special treatment” that allegedly favoured two power generating companies – Azura Power West Africa Limited and Accugas Limited.
April 16 has been fixed for hearing of the suit at a federal high court in Abuja.
Speaking with operators in Akwa Ibom on Monday, the minister asked the GenCos to be ready to face scrutiny in the court of public opinion.
According to him, while the GenCos have the right to file charges against the government, they should be ready to disclose hard facts on a number of issues including a “N701 billion payment assurance guarantee to pay their monthly power bills”.
“Lately, I have read reports that some Generation Companies (GenCos) (not Ibom Power) have gone to court, filing claims against the government,” he said.