Nigeria’s electricity generation has declined to 4,723.30 megawatts peak on July 4, 2024.
This is according to the latest data from the Transmission Company of Nigeria, National Control Centre.
The figure showed a drop from the peak of 4,800mw recorded on May 3, 2024.
According to the data, the lowest electricity generation in the referenced period stood at 3610.08mw.
The report implies that despite over N7 trillion post-privatization investments in the power sector, the country’s electricity generation has not surpassed 5,000mw for an estimated population of over 200 million.
Recall the Minister of Power, Adebayo Adelabu in May said the country recorded a peak of 5,000mw as Zungeru Hydro Plant added 625MW to the national grid.
However, the latest figure of 4,723.30mw showed that the country’s electricity generation is on a steady decline.
This is coming on the back of the minister’s promise that by the end of 2024, Nigeria will achieve the 6000mw electricity generation target.
Nigeria’s electricity generation declines to 4,723.30MW peak