JUST IN: Power Generation Bounces to 4,173.20Mw   The Nigerian electricity supply on Wednesday bounced to 4,173.20Mw from a total of 2,931Mw on Tuesday. According to our findings, only 17 power plants were operational as at Tuesday as the National Control Centre, Oshogbo directed some of the...

Power Sector Loses N420bn Annual Revenue – Gencos The monthly shortfall in revenue remittances to the power sector stands at N35bn, the Executive Secretary of the Association of Power Generation Companies, Joy Ogaji, said on Thursday. This amounts to N420bn yearly. APGC is the umbrella body...

After Privatisation, DisCos’ Capacity Increases By 19%   The capacity of the 11 electricity distribution companies, otherwise known as the DisCos, to absorb more power generated by generating companies, GenCos, grew by a mere 18 per cent since the sector was privatised nearly nine years ago. A...

DisCos’ Payment To GenCos Drops By 50%   Electricity distribution companies (DisCos) payment to generation companies (GenCos) for electricity generation has dropped by 50 per cent. The statistics showed that DisCos were unable to pay GenCos full payment for the quantity of power generated in January 2022. As...

Discos, Gencos, others’ Shortfall In Power Sector Rises To N1.6tn The Executive Director, Research and Advocacy, Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, revealed that the total shortfall in the Nigerian power sector has reached N1.6trn in eight years and that findings have shown...

FG Hopes To Ramp Up Power Infrastructure With $4bn Funding   The Federal Government (FG) has expressed optimism that the various funding arrangements amounting to about $4 billion it has put in place to boost power transmission capacity and other power infrastructure in the country would...