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Nairametrics
Home Business News Politics

Is Power Shooting Up? FG Says Power Generation Has Reached 3, 874.96MW

Editor by Editor
July 11, 2015
in Politics
IPP: Lagos Switches On 12 Megawatts at Lekki Free Trade Zone
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  • The Presidential Taskforce on Power, which made this disclosure yesterday in its generation report, showed that power distribution has increased from 3,565.09 MWH/H to 3,773.90 MWH/H, which is far less than the country’s peak demand forecast of 12,800MW. Power supply has in the last few weeks increased significantly.
  • For instance, Egbin Power Plc, alone is for the first time in eight years generating above 1,000 megawatts of electricity.
  • The Chairman, Egbin Power Plc, Kola Adesina, attributed the achievement partly to the direct intervention of the Federal Government in its determination to resolve the power crisis, which had resulted in recent improvements in gas supply.

“This is driving the increase in power supply in the nation and boosting socio-economic development. Prior to this, we had invested heavily and had the plant ready to generate power at full capacity, but there was no gas to do so. This, is indeed, a good development for the power sector in Nigeria,” he said.

  • Chairman of Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, expects power generation to peak above 5,500MW in July if on-going repairs on gas supply pipelines are completed.
  • Source: The Guardian
Tags: News ReviewPower Sector
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