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Nigeria’s Power Generation Drops By 990MW
The latest data on the electricity generation trend has shown that the available generation capacity in Nigeria’s power sector dropped again in 2022. It crashed from the 6,336.52 megawatts recorded in 2021 to 5,346.82MW last year. Also, the annual capacity payment loss to power generation companies had increased to N1.8 trillion, showing a decrease in…
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Nigeria’s Power Plants’ Capacity Drops By 70%
Industry statistics has shown that the combined generation capacity of Nigeria’s 26 power plants has dropped by 70 per cent. According to the latest data sourced from the Nigeria Industry Supply Industry, the capacity of the plants dropped from a total of 13,461 megawatts to 4,022MW as of when they were last tested in July…
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DISCOs Metered 3.51m Customers In One year
Report released by the National Bureau of Statistics has shown that the Nigeria Electricity Distribution Companies metered about 3.51 million customers in 2020. The report presents statistics on electricity from 2015 to 2020 and focuses on customer numbers, metered customers, estimated billing customers, and most importantly, electricity supply and revenue collected during the period under…
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DisCos Record N273.42 Billion Shortfall In 2020
The 11 Electricity Distribution Companies across Nigeria have recorded a shortfall of N273.42 billion in 2020. The companies cumulatively received a total of N542.73 billion out of N816. 15 billion they billed their consumers. This, however, is an increase of N42.46 billion from the total of N230.96 billion shortfall recorded in 2019. Also, the amount…
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NERC: Seven Million Customers Unmetered, Three Million Meters Obsolete
The Nigerian Electricity Regulatory Commission has said over seven million power users have not been metered while three million meters installed in the residents of power users are obsolete. The Commission said this in its latest Order No. NERC/246/2021 on structured replacement of faulty and obsolete end-use customer meters stating that the large number of…
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Angola Moves To Secure 60% Electricity Access Rate By 2025
Currently, in Angola, only one-third of the population has access to electricity under good conditions, this is why the government of Angola is seeking to increase access to electricity for its population. The government in Angola is looking to create a 60% electricity access rate by 2025. “The objective is, firstly, the modernization and extension…