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NIPP –
Geregu Power Plant
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Two years into the privatization
of the power sector, electricity supply in the country continues to hover
between 3,500 megawatts and 4,500MW, as was the case before the unbundling of
the defunct government-owned Power Holding Company of Nigeria. The nation’s power
sector, which was largely handed over to private investors on November 1, 2013,
is still being affected by several old problems, including huge deficit of
prepaid meters, estimated or ‘crazy’ billing, gas supply shortfall and weak
distribution and transmission networks, among others.
As
of Friday, October 31, 2015, exactly two years after the privatization, the
total power generation in the country stood at 4,006.79MW, according to data
obtained from the Presidential Task Force on Power on Sunday.
