Nigeria’s power supply averages 3,761MW as sector loses N381bn so far in 2018

Nigeria’s power sector has struggled to sustain an average daily supply of 3,761 megawatts (MW) within the first nine months of 2018, according to a performance trend data obtained from the office of the Vice President, Prof. Yemi Osinbajo.

The power sector also lost N381 billion during the period under review as a result of high frequency resulting from unavailability of distribution infrastructure, poor gas supplies to generation companies, and water management constraints, which were the major challenges of the sector.

The data obtained also revealed that after the sector achieved a peak power generation of 5,222MW on December 18, 2017, it managed to generate and supply up to 4000MW for only 72 out of the 263 days of 2018.

Source: THISDAY

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