Ossiomo Power Plant Denies Shutdown Amid Payment Dispute

Management of Ossiomo Power Plant has denied claims of a shutdown, stating they have paid over a billion to their Chinese partner, Jiangsu Communication Clean Energy Technology (CCETC). The plant representatives disclosed that the Chinese partner requested payment, alleging losses and lack of returns on investment.

Ossiomo Power Plant management refuted the shutdown claims, highlighting their investments in power generation and distribution. The Chinese partner's demand for payment was declined by the Nigerian partners, leading to a dispute over the alleged investment and returns.

The situation underscores the complexities of international partnerships in the energy sector.