Revenue Losses Continue in the Power Sector – APT

  • The APT report puts revenue losses at ₦22.2bn
  • Nigerians did not enjoy stable electricity during the Christmas holidays
  • Gas constraints, poor distribution and transmission infrastructure to blame

The Advisory Power Team (APT) in its latest 30-day review of the power sector has shown that the sector continues to bleed revenue. The power sector lost ₦22.294 billion within the last 30 days. According to the report, of the 4,482MW average energy generated, the country lost 1,548MW.

Gas constraints, poor distribution and transmission infrastructure are responsible for the poor performance of the sector. Also, some generation power plants did not produce any power for the period in review. They include Alaoji NIPP, Ihovbor NIPP, ASCO, and AES. Egbin Plant, on the other hand, generated the most power while other power plants including, Azura-Edo, Kainji, and Jebba were also active.

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