HeadlinesOil & Gas Power generation dips further by 27% to 3,567MW By maritimemag April 16, 2021 ShareTweet 0 Darkness looms as power generation drops to 1,601mw Nigeria’s power generation, Monday, dropped by 27 per cent to 3,567.30 megawatts, MW, as at 06hours compared to the 4,557.50MW peak generation at 22hours the previous day. Latest data obtained by newsmen from the Independent System Operator, ISO, showed that the peak generation on Sunday was also less than the 4,700MW recorded on Saturday at 01hours. According to the ISO data, total energy sent out on Sunday was 94,378.72MWH out of the total energy generated which was 96,115.73MWH. The data also showed that the previous day, total energy sent out was 103,941MWH from total energy generated which was 105,784.19MWH. Despite this however, electricity distribution companies took 4,170.93MW of the power generated on Sunday with Ikeja DISCO and Ibadan DISCO leading with 693.24MW and 548.14MW respectively. The data also indicated that Eko DISCO and Abuja DISCO took 546.04 and 446.32MW respectively with Yola DISCO taking the least power at just 126.92MW. Further checks showed that Benin DISCO and Enugu DISCO took 364.94MW and 369.94MW respectively while Jos DISCO and Kaduna DISCO took 223.02MW and 304.40MW respectively. Kano DISCO and Port Harcourt DISCO were reported to have taken 304.40MW and 243.57MW respectively. Meanwhile, investigation showed that many parts of the nation did not have steady supply, a development which affected activities in different sectors of the nation’s economy. However, in its latest report, the Lagos Chamber of Commerce and Industry, LCCI, which noted some developments in the sector, stated: “The Federal Government entered into an agreement with Siemens AG under the Presidential Power Initiative to fix critical infrastructure deficit in the power sector. “The deal aims to upgrade the country’s electricity network to achieve an operational capacity of 25, 000 MW by 2025 through series of projects across three stages.” It added: “The Lagos Chamber acknowledges the Solar Home Initiative, aimed at expanding energy access to 25 million individuals through the provision of solar home systems or connection to a mini-grid. We note that the CBN has publicized the framework for access to finance for implementation.” This is a step in the right direction towards resolving the age-long issue of poor access to power supply in Nigerian rural communities. “We believe this initiative would enhance rural infrastructure and stimulate growth and productivity in the country’s rural economy.” © 2021, maritimemag. All rights reserved.