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Home Business News Politics

POWER GENERATION IN 2011 WAS THE BEST WE HAVE SEEN IN RECENT TIMES??

Ugodre Obi-chukwu by Ugodre Obi-chukwu
July 19, 2012
in Politics
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Well if this following chart is anything to go by then 2011 may well have been the best. In fact the best of both worlds generation and consumption. According to the Central Bank power generation in 2011 increased 1.9% from 2010 to 3,086.1mw/h. Power consumption on the other hand increased 13.4% in 2010 to 2,703mw/h in 2011.

Source: CBN

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Except for the statistical reference Im not sure how this makes anyone happy. A total installed power generation of 9,287mw is still nothing to write home about for a population of over 160million Nigerians.

Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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