Power Sector Loses N59.33bn In Three Months     Between January 1 and March 6, 2021 Nigeria’s power sector lost N59.33bn but posted its highest ever peak generation of 5,802 megawatts during the period. Documents obtained from the Federal Ministry of Power on the sector’s performance for the...

Niger, Others’ Debts Worsening Illiquidity In Power Sector - NERC       The Nigerian Electricity Regulatory Commission (NERC) has expressed concern about the continuing inability of its international as well as special customers to settle their invoices for services rendered by the Market Operator (MO). NERC, in its...

$10bn Required to Bridge Power Distribution Gap - FG       The federal government has said about $10 billion would be required to bridge the electricity distribution infrastructure deficit gap in the country. Speaking at the weekend during a television interview, Special Adviser to President Muhammadu Buhari on...

Power Sector Loses N26.4bn To Gas, Grid Challenges         The power sector has continued its sub-optimal performance in January, losing about N26.4 billion in revenues in the first month of the year, mainly due to gas supply issues as well as transmission and distribution challenges in...

Power Sector Deficit Hits N396.86bn In Nine Months         The liquidity situation in Nigeria’s power sector has worsened, as the indebtedness of the distribution companies, DisCos, to Nigerian Bulk Electricity Trading, NBET, Plc., has increased to N396.86 billion, indicating an increase of seven per cent, compared...

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...