Nigeria’s power sector has lost N108.652 billion revenue between January and March due to various constraints, representing an increase of about N10.924 billion or 11.17 per cent from the revenue lost during the same period in 2018, according to the operational data obtained from the Office of the Vice President, Prof. Yemi Osinbajo.

The statistics from the Advisory Power Team (APT) in Osinbajo’s office also stated that about 2,978 megawatts (MW) of electricity have not been able to get to the national grid within the period under consideration because of challenges of gas supply to generation companies (Gencos) as well as unavailability of transmission and distribution infrastructure.

The report, however, explained that the average constrained megawatts was higher than the 2,597MW recorded during the same period in 2018, while average supply to the grid within the periods were 4,062MW for 2019 and 3,875MW for 2018.

According to the report, 53,043 metric million standard cubic feet (mmscf) of gas has so far been supplied to Gencos for power production in 2019.

This was also lower than the 54,480mmscf of gas that was sent to Gencos within the same period in 2018.

According to the report, 53,043 metric million standard cubic feet (mmscf) of gas has so far been supplied to Gencos for power production in 2019.

This was also lower than the 54,480mmscf of gas that was sent to Gencos within the same period in 2018.

“On March 14, 2019, average energy sent out was 4,141MWH/Hour (down by 296.63 MWH/Hour from the previous day). 1,776MW was not generated due to unavailability of gas.32.4MW was not generated due to unavailability of transmission infrastructure, while 863.5MW was not generated due to high frequency resulting from unavailability of distribution infrastructure. The power sector lost an estimated N1,283,000,000 on March 14, 2019 due to insufficient gas supply, distribution infrastructure and transmission infrastructure.

“On March 15, 2019, average energy sent out was 4,427 MWH/Hour (up by 286.34 MWH/Hour from the previous day). 1,797.52MW was not generated due to unavailability of gas. 32.6MW was not generated due to unavailability of transmission infrastructure, while 1,013.5MW was not generated due to high frequency resulting from unavailability of distribution infrastructure. The power sector lost an estimated N1,365,000,000 on March 15, 2019 due to insufficient gas supply, distribution infrastructure and transmission infrastructure,” added the statistics.

SOURCE: https://brandspurng.com/2019/03/18/nigerias-power-sector-suffers-n108-652-billion-revenue-loss-in-3-months-prof-yemi-osinbajo/

Hmmmmm, so that's why they are making Nigerians suffer by bringing rubbish over hyped estimated bills..... To cover up for their loss..... God help us in this country �

Next Level Lobatan!

hmm

Nigeria should moved from hydroelectricity and gas-turbine technology to nuclear. This is the only way the country can develop and meet her full potential.

That sector may never be up for profit except you do the right thing.

Smh