Nigeria’s Power sector loses N69.1bn in seven weeks

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The nation’s power sector lost N69.1bn between January 1 and February 19 this year as a result of the persistent challenges in the industry.

Data obtained from the Advisory Power Team in the Office of the Vice President on Wednesday showed that the loss in the sector was due to insufficient gas supply to power generation plants as well as inadequate distribution and transmission infrastructure.

It was gathered that a total of 2,332.95 megawatts of electricity was not generated due to the unavailability of gas on February 19, 2019.

Also, 32.5MW of power was not generated due to unavailability of transmission infrastructure, while 543MW was not generated due to high frequency resulting from unavailability of distribution infrastructure.

Still on February 19, 2019, the average energy sent out in the sector was 4,408MW-hour/hour, up by 3.28MWh/h from the previous day’s figure.

PUNCH/CHISOM