Nigeria’s electricity generation drops to 4,998.20mw amid high energy costs

Nigeria’s electricity generation peak dropped to 4,998.20 megawatts on October 6, 2024, from 5234.70 MW recorded last Tuesday amid high energy costs.

This is according to the recent system performance data from the National Control Centre.

This represents a 236.5mw drop in Nigeria’s electricity generation.

The development comes after the Minister of Power, Adebayo Adelabu celebrated 5,105 megawatts peak electricity generation in August 2024.

He said that 40 percent of Nigeria’s electricity consumers enjoy 20 hours of uninterrupted power supply.

However, electricity consumers in Nigeria who grapple with adequate power supply faulted Adelabu.

Nigeria with a 250,000 million population still grapples between 4990 and 5000mw of electricity after decades of privatisation amid high energy costs.

Recall that Nigeria’s electricity distribution companies hiked the electricity tariff to N209.5 per Kilowatt-hour.

This comes after a 240 percent electricity tariff hike approved by the Nigerian Electricity Regulatory Commission on April 3, 2024.

Despite this, Adelabu insisted that the electricity tariff in Nigeria is the cheapest among African countries.

Nigeria’s electricity generation drops to 4,998.20mw amid high energy costs