Power Sector Loses N20.5bn Revenue As Load Rejection Lingers         About N20.5bn revenue was lost by Nigeria’s power sector between January 1 and 22, 2021, as operators in the business complained that energy was still being rejected by distributors. Data obtained from the Federal Ministry of Power...

Gas Producers Seek Full Payment From Power Sector         The Nigerian Gas Association and other stakeholders have said the liquidity issues that hamper returns from the power sector should be speedily resolved to address legacy debts and facilitate full recovery of gas revenues from the Nigerian...

44,068MW Stranded As Power Sector Loses N645.15bn         The cumulative revenue lost by the power sector in 2020 was N645.15bn, while the total quantum of electricity constrained during the period was 44,068 megawatts, investigation has shown. Constrained power is the quantum of electricity that could not be...

Electricity: Gas, Transmission, Distribution Facilities Hinder 10,106MW Generation         A total of 10,106.8 megawatts of electricity could not be generated by the nation’s power plants last week amid lingering challenges in the Nigerian electricity supply industry. Daily electricity generation in the country averaged 4,601.33MW last week as...

Power: FG Pledges To Bridge Electricity Gap With Renewable Energy         The Federal Government, yesterday, lit up communities and healthcare centres in Kogi as part of an ongoing effort to leverage renewable energy and off-grid solutions to bridge the electricity gap. Over 70 per cent of Nigerians...

Flared Gas Capable Of Generating 28,700 GWH Of Electricity         As the age-long battles over gas flaring in Nigeria’s oil industry seem intractable, a total of $1 billion, about N379 billion, has been recorded as the cumulative value of gas lost to the recorded incidents in...