- Nigeria’s power production fell by 6.4% to 3,675.40 megawatts.
- Low sector investment was blamed for the low generation.
Recent Data have revealed considerable reductions, contradicting the relative improvement in electricity generation seen throughout the nation in the middle of July. According to research conducted by Vanguard using information from the National System Operator, NSO, a division of the Transmission Company of Nigeria, TCN, Nigeria’s power production fell by 6.4% to 3,675.40 megawatts, from 3,926.8MW recorded at the beginning of last week.
On July 8, 2022, the output reached a maximum of 4,102.70MW and has since seen sporadic stability at around 3,800MW.
The Nigerian Electricity Regulatory Commission’s (NERC) attempts to maintain stability in the power sector have generally failed since several long-standing problems, inadequate infrastructure and a lack of new investments, are still unaddressed.
Low sector investment was blamed for the low generation, which may have prevented the government from reaching its goal of 10,000 MW by December 2022.
The President of the Nigeria Consumer Protection Network, Kunle Kola Olubiyo, stated in an interview with Vanguard that the power sector necessitates long-term planning, investment, development, and maintenance of assets to generate, transmit and distribute adequate power to consumers across the country.
“Nigeria needs to embark on massive power generation because the present level is grossly inadequate. According to the United Nations, 1,000MW should be dedicated to one million persons, meaning that for the over 200 million people, we need to generate about 200,000MW.”