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Electricity Grid Hits 4,000mw as 2017 Begins

Electricity generation at the national grid has sustained the peak of 4,000megawatts (mw) into 2017 since it reached the level last Tuesday, records have shown. Data available from the Nigeria System Operator (NSO) shows that peak generation in December 2016 was highest when it hit...

Power Plants Lose 1,552MW

More than six months after the nation’s electricity generation dropped below 3,000 megawatts, output from the power plants is still 1,552MW lower than the peak achieved in February. Power generation stood at 3,523.10MW as of 6am on Friday, September 2, 2016, up from 3,026.3MW on...

Poor Transmission: Power Distribution Firms Forfeit N1bn Monthly

Power distribution companies have said they are currently losing over N1bn every month as a result of limited electricity evacuation capacity of the Transmission Company of Nigeria. According to the Discos, the poor transmission infrastructure in Nigeria is a major contributory factor to the liquidity...

Concerns Mount over $1.3bn Power Sector Loans

Inadequate gas supply due to pipeline vandalism, the looming threat of reversal of electricity tariff hikes, inability of power companies to sign gas supply contracts, and large amounts of debt owed to power companies by ministries, departments and agencies (MDAs) of the three tiers...