• Power generation at Egbin drops by 84% to 172MW

    Power generation at Egbin drops by 84% to 172MW

    Nigeria is set to experience a prolonged epileptic power supply as generation from the Egbin station crashed to a record low of 172 megawatts on Tuesday, down from 1,085MW on March 15.

    According to industry data, eight of the nation’s 26 power plants were idle on Tuesday.

    Generation from Egbin, which is located in Lagos, with an installed capacity of 1,320MW, was said to have been limited to 172MW largely due to gas supply shortages.

    Its units ST3, 4 and 5 were out […]

  • Egbin Power Station begs FG to pay N86bn debt

    Egbin Power Station begs FG to pay N86bn debt

    The Chief Executive Officer of Egbin Power Plc, Mr Dallas Peavey, has said the company is highly constrained by more than N86 billion debt owed it by the Federal Government.

    Peavey made the appeal in Lagos on Saturday during the company’s scholarship award programme to schools within Ijede community in Lagos State.

    He said the debt is disrupting its operations. He also said gas supply had been a major challenge to power generation. He said, “We have a total generation output of 1,320MW […]