Nigeria Power Sector Loses N108 Billion In 2018 First Quarterback

Nigeria Power Sector Loses N108 Billion In 2018 First Quarter

Nigeria Power Sector Loses N108 Billion In 2018 First Quarter

Nigeria Power Sector Loses N108 Billion In 2018 First Quarter

• Power sector lost about N108 billion during the first three months of this year

• Chronic vandalism has crippled oil and gas pipelines.


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The Minister of Power, Works and Housing, Babatunde Fashola, said Nigeria’s power sector lost about N108 billion during the first three months of this year due to several constraints inhibiting the regular supply of electricity in the country.

According to data from the Nigerian Electricity Supply Industry (NESI), the power sector is losing between N 1.2 billion to N1.5 billion monthly to water, gas and transmission line constraints.

As reported on January 25, 2018, average power sent was 3 , 971mw and 2, 302. 8mw was not generated due to unavailability of gas. About 417mw was not generated due to unavailability of transmission infrastructure, while 290mw was not generated due to high frequency resulting from unavailability of distribution infrastructure .

Therefore, the sector lost an estimated N 1.584 billion on January 25, 2018 due to insufficient gas supply, distribution infrastructure, and transmission challenges. While Chronic vandalism has crippled oil and gas pipelines, creating gas shortages at power plants and underinvestment in maintenance and infrastructure has constrained the transmission grid.

Fashola said: “ While it is no longer news that Nigeria power sector have reached a 7,000M Generation Capacity and have a 5000MW Distribution Capacity; what is newsworthy is that last month we met with Manufacturers Association of Nigeria (MAN ), DisCos, and GenCos “on how to implement the Eligible Customer Policy and increase connectivity to the 2000MW that is available.

He disclosed that the Federal Government had secured the World Bank’s approval for $486 million Transmission Company of Nigeria (TCN) transmission expansion funding, while progress is being made with the same bank for the Rural Electrification and Distribution Expansion Funding.

He described solar energy as cleaner and more efficient source of power, stressing that in many states, solar power is being accepted and used, while consumers are already embracing the solar power generation plan, which is an initiative of the government to boost electricity. The minister said that the country was moving away from theorising about power to actual provision of efficient power to support trade and businesses, especially Small and Medium Enterprises (SMEs) who are the drivers of our economy, giving instances of projects like: the commissioning of a 73 KW Solar Hybrid System to support mat production in a factory that employs 1, 400 people , the Solar system being deployed in Sabon Gari Market, Kano State that has 12000 shops and the work that has commenced to connect and meter 31000 shops in Ariaria market in Abia state among others.

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