Between January 1 and May 5 this year, the power sector lost about N154bn as a result of the unavailability of gas, distribution and transmission infrastructure, as well as water reserve challenges, the Federal Government has said.

A document on Nigeria’s power sector performance put together by the Advisory Power Team at the Office of the Vice President and obtained in Abuja on Sunday, stated that on May 5, 2018, the sector lost N1.87bn.

The document, which is the latest on the sector’s performance, stated that while peak power generation was 4,207.6 megawatts, over 1,700MW of electricity could not be generated on May 5 as a result of gas unavailability.

Read more..http://energyworthonline.com/2018/05/07/power-sector-lost-n154bn-in-125-days-fg/