The stakeholders need to think and act more boldly to stem the crisis
The report last weekend that the national power grid lost 1,770 megawatts in two days, causing power generation to deteriorate below the 3,000mw benchmark should worry all Nigerians. The implication is that after decades of investment, reforms and efforts, pretty little seems to have been achieved. Last Friday, the total available electricity generation in Nigeria fell to 2,938.5MW. Two days earlier, it was 4,708.3MW. The Transmission Company of Nigeria (TCN) put Nigeria’s installed generation capacity at 12,910.40MW, available capacity at 7,652.60MW, transmission wheeling capacity at 8,100MW while the peak generation ever attained at 5,375MW.
It is clear that the power sector in the country is on the verge of collapse except there are meaningful interventions. As we have said repeatedly on this page, it is a crying shame that almost six years after the privatisation of the power…
