Nigeria’s power sector has recorded projected loss of N65.56 billion in March as the sector battles insufficient gas supply, distribution and transmission infrastructure.
The Advisory Power Team data in the Office of the Vice President indicated that lack of gas was the biggest factor that limited power generation last month. The sector started the month with an estimated loss of N2.21 billion as only an average of 4,014 megawatt-hours/hour was sent out on March 1 while 4,516.5MW was not generated due to gas unavailability.
Report said the biggest loss (N2.23 billion) was recorded on March 23, with the average energy sent out being 3,988 MWh/hour, according to the APT data.
The lowest loss recorded by the sector was N1.81 billion on March 14, with the average energy sent out being 3,776 MWh/h. The highest average energy supplied to consumers was 4,361MWh/h, which was achieved on March 16, while the sector recorded an estimated loss of N1.85 billion.
The average energy sent out fell to a low of 3,345MWh/h on March 24, with a loss of N2.46 billion in revenue.On March 31, the average energy sent out was 4,153 MWh/h, while an estimated N2.54bn was lost.
Total power generation in the country stood at 4,284.3MW as of 6pm on Tuesday, compared to 3,541.1MW on Friday, according to the Nigerian Electricity System Operator.
Six of the nation’s 27 power plants, including four built under the National Integrated Power Project, were not generating any megawatts of electricity.
