Nigeria’s power generation has
dropped from the 4,500 Megawatts (MW) recorded in June, to 2,775.8MW on July
24, 2017. The Nigerian Electricity System Operator, an arm of the Transmission
Company of Nigeria (TCN), which made this known in its operational report
released on Wednesday, put the highest system frequency at 50.66Hz while the
lowest system frequency was 49.51Hz.
Power generation has continued to
fluctuate around 3,227mw, 3,504mw, 3,285mw, 3,656mw, 3,579mw, 2,898mw and
2,829mw in the last few weeks. The inability of the generation companies to
meet national demand has resulted to daily revenue losses of over N1.30billion.
Specifically, the Nigerian Electricity
Supply Industry Statistics (NESI) showed that the power sector lost an
estimated N1.219 billion on July 23, due to constraints.
According to NESI, the industry lost
814mw to gas constraints; and 172mw to reported frequency management constraint
due to loss of DisCo feeders. Decrying the state of the country’s power sector,
Professor of Economics, University of Ibadan, Adeola Festus Adenikinju, argued
that Nigeria is well endowed in energy resources, saying that the wealth from
the resources has not been translated into actual economic developments that
will benefit the citizens of the country.
Adenikinju added that potential
investors are doubtful that government will be committed to the reforms, and
hence stall on making investment, adding that low quality and reliability of
power supply has forced firms to invest in costly alternative private provision.
He noted that public investment in the
energy sector, in particular, the power sector, which he said, until the last
three years was exclusively under the government, has been inadequate,
unpredictable, and uneven over the years.
Spokesman for the Nigerian National
Petroleum Corporation (NNPC), Ndu Ughammadu, said the average natural gas
supply to power plants of 729 million standard cubic feet of gas per day
(mmscfd) in May was 63.74 per cent higher than the 446mmscfd, supplied a year
ago.
He added that the average national
daily gas production for May, stood at 242.70billion cubic feet (BCF); or an
average of 7,829.11mmscfd, representing a slight increase, compared with April
levels of 672mmscfd.
Source: - Roseline Okere | The Guardian
| July 27, 2017.

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