Business & Finance

Power Generation Drops Further to 3,697MW

Despite the recent increment in electricity tariff hike, consumers are seriously groaning under pangs of outages, with power generation sliding to 3,697 Mega Watts (MW) from the 5,074 its recorded earlier February.

The Nigerian Electricity Regulatory Commission (NERC) had earlier assured that the supply situation would improve with the assessed cost-reflective tariff regime. Even the Distribution Companies (Discos) affirmed that the new billing system would further ensure improved performance within the system.

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Data obtained from the Presidential Task Force on Power by The Guardian yesterday put the power generation at 3,697 MW, while only 3,625MW was sent out.

The daily operations report of the Transmission Company of Nigeria (TCN), also obtained by The Guardian showed that several challenges were trailing the process of generation and evacuation of power in the country.

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