The growth of Nigeria’s gas and power sector is being curtailed by the inability of power sector operators to pay up the over N30 billion they owe the Nigeria Gas Company, a subsidiary of the Nigerian National Petroleum Corporation(NNPC). The debt is crippling gas suppliers’ efforts to expand their operations and increase the volume of gas supply to the generating plants while it is also undermining the ability of the generating plants to deliver sufficient electricity to the distribution companies. It is reported that post privatization, the debt owed by the generating companies and the over N200 billion borrowed from banks by the new investors to purchase the power assets is responsible for the slow growth being currently witnessed in the power sector.