Business A.M
No Result
View All Result
Thursday, March 12, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Frontpage

At 6,863mw, Nigeria’s power generation beyond distribution coys’ carrying capacity, says minister

by Admin
August 15, 2017
in Frontpage

Babatunde Fashola, minister of works, power, and housing, says the power being generated currently in Nigeria is higher than the carrying capacity of electricity distribution companies.

The minister disclosed this Monday while speaking at the 18th monthly power sector stakeholders meeting hosted by Kano electricity distribution company, describing the situation as a serious challenge to efforts made by the government on generation.

“It is a serious problem that the distribution companies do not have enough carrying capacity to accommodate more of the generated electricity due to one reason or the other,” he said.

Babatunde Fashola, minster of works, power and housing
Babatunde Fashola, minister of works, power, and housing on an inspection tour

According to the minister, power generation has increased to 6,863 megawatts in 2017, attributing the increase to efforts made by the government to end vandalism of gas pipelines.

However, businessamlive learnt that electricity generation has been averaging 2,798 Megawatts (MW) in the last two weeks.

According to data by the Nigerian Electricity System Operator, an arm of the Transmission Company of Nigeria (TCN), seen by Businessamlive, power generation, in the past weeks have dropped, fluctuating between 2,387mw and 3,007mw. However, the total energy sent out as at yesterday amount to 77,571.12 MW.

The minister also disclosed to the gathering that the Federal Government is working earnestly to improve power supply in the country as it has approved a loan of N39 billion to enable electricity distribution companies (Discos) supply prepaid meters.

He said the gesture is part of the power sector recovery programme aimed at ensuring uninterrupted power generation and distribution.

“It is also aimed at ending the series of complaints by consumers who applied for meter but were not supplied at the appropriate time.”

Fashola said successful implementation of the recovery programme would resolve the conflict between electricity distributors and consumers over tariff collection.

The federal government had earlier approved a fund of N701 billion to complement the payment deficits made by Discos.

The poor performance of Nigeria’s power sector resulting in unstable electricity supply and frequent blackouts has until the disclosure by the minister that the distribution companies lack carrying capacity been laid squarely on generating capacity.

Godwin Idemudia, general manager, corporate communications, Eko Electricity Distribution Company (EKEDC), told businessamlive that his company working tirelessly to improve power supply to customers in its coverage area, that the company is currently upgrading facilities for improved power supply.

“We are presently upgrading all our facilities to increase power supply as well as embarking on sensitization programmes on safety issues this season,” he said.

He, therefore, appealed to electricity consumers to assist the power sector by prompt payment of bills.

Over the past decades, successive governments have endeavoured to tackle Nigeria’s energy deficit problem by maintaining a monopoly in power provision and pumping money into the poorly managed sector.

However, in 2013, the sector was privatized, which birthed generating and distribution companies, with transmission segment still being managed by the government.

Admin
Admin
Previous Post

At Niger economic summit Dangote commits $450m to rice processing mill

Next Post

Amazon opens ‘Instant Pickup’ points in US brick-and-mortar push

Next Post

Amazon opens 'Instant Pickup' points in US brick-and-mortar push

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Oil steadies as US stockpile decline offsets trade tension worries

Oil climbs above  $100 as Iran warns Strait of Hormuz will remain shut

March 12, 2026
Study ranks New Zealand, Japan among safest countries if global war erupts

Study ranks New Zealand, Japan among safest countries if global war erupts

March 12, 2026
AI, cloud shift redefining skills for next-generation software developers 

AI, cloud shift redefining skills for next-generation software developers 

March 12, 2026
Crude oil dips amid muted market response to EU Russian sanctions

Oil climbs toward $100 as tanker attacks heighten Middle East supply fears

March 12, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Oyo targets 500 MW energy generation by 2027

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Oil steadies as US stockpile decline offsets trade tension worries

Oil climbs above  $100 as Iran warns Strait of Hormuz will remain shut

March 12, 2026
Study ranks New Zealand, Japan among safest countries if global war erupts

Study ranks New Zealand, Japan among safest countries if global war erupts

March 12, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M