The Nigerian power sector lost a whopping $1billion on March 11, 2019 due to insufficient gas supply, poor distribution infrastructure, and poor transmission infrastructure. This is according to report compiled by the Advisory Power Team of the Office of the Vice President
On the said day, electricity generating companies released an average of 4,114 megawatts of power into the national grid, down by 92.47 megawatts from the figure delivered on Sunday.
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According to reports 2,793.58 megawatts could not be generated due to unavailability of gas, adding that unavailability of transmission infrastructure also accounted for non-generation of 176 megawatts during the period.
Similarly, it stated that 168.6 megawatts were not generated due to high frequency resulting from the unavailability of distribution infrastructure.
Cumulatively for the above reasons, the power sector lost an estimated N1.51 billion on the said date, according to the report.
