• Power sector loses N549bn yearly to gas constraints

    Power sector loses N549bn yearly to gas constraints

    Nigeria’s power sector is losing an average of N549 billion yearly to gas supply challenges. The situation has continued to deprive the country of over 2,479 Mega Watts (MW) daily.

    According to the Nigerian Electricity Supply Industry (NESI), the sector is losing an estimated N1.525 billion daily due to power generation constraints.

    Further analysis showed that losing N1.525 billion daily to lack of gas to power plants, translated to N45.75 billion monthly.

    NESI said, in its daily power generation analysis, that the country […]