- Nigeria’s electricity generation peaked at 4,998.20 MW on October 6, 2024, a decline from 5,234.70 MW recorded just a week earlier, despite rising energy costs.
- The recent increase in electricity tariffs to N209.5 per kilowatt-hour has drawn criticism from consumers, who continue to experience frequent power outages despite government claims of improved supply.
Nigeria’s electricity generation has faced a significant decline, peaking at 4,998.20 megawatts (MW) on October 6, 2024, down from 5,234.70 MW just a week earlier. This drop of 236.5 MW highlights ongoing challenges in the country’s energy sector amid rising costs. Recent performance data from the National Control Centre underscores the difficulties in maintaining a stable electricity supply for a population exceeding 250 million.
Minister of Power Adebayo Adelabu had previously celebrated reaching a peak generation of 5,105 MW in August 2024. During that announcement, he claimed that 40 per cent of electricity consumers in Nigeria were enjoying up to 20 hours of uninterrupted power supply. However, many consumers have expressed dissatisfaction with frequent outages and unreliable service, questioning the minister’s assertions.
The energy situation in Nigeria has not improved despite privatising the electricity sector over a decade ago. The country continues to generate between 4,990 and 5,000 MW, a stark contrast to the energy needs of its vast population. In addition to the challenges in supply, electricity consumers have recently faced increased costs. The electricity distribution companies raised tariffs to N209.5 per kilowatt-hour, following a staggering 240 per cent hike approved by the Nigerian Electricity Regulatory Commission on April 3, 2024.
Adelabu has defended the tariff increases, claiming that electricity prices in Nigeria remain the lowest among African nations. However, this assertion has been met with scepticism, as many citizens struggle to cope with the rising costs amid already high energy prices. The combination of inadequate supply and soaring costs has led to frustration among consumers, who feel they are not receiving value for their payments.
As Nigeria grapples with these issues, the energy sector remains a focal point for criticism and calls for reform. The government’s ability to address the ongoing electricity crisis will be crucial in improving the quality of life for millions of Nigerians and fostering economic growth. Without significant improvements in generation capacity and infrastructure, the promise of reliable electricity may remain elusive for many citizens.