Monday, September 25, 2023

Generators Provide 48.6% Of Electricity In Nigeria – NBS

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Generators powered by petrol, diesel and gas provide 48.6 per cent of the electricity consumed by power users across the country, according to the latest data obtained from the National Bureau of Statistics. Generators

A document by the NBS on Power Sector Data Preview, which was presented to the Abuja Chamber of Commerce and Industry this month and obtained on Friday, showed that almost half of the country’s electricity supply was from generators.
READ ALSO: Adekunle Gold Shades FG Over Move To Ban Generators

The report further showed that the national grid was providing 51.2 per cent of the country’s power needs, indicating that many citizens in Nigeria depend on generators for electricity.

The NBS document showed that petrol-powered generators accounted for the bulk (22.6 per cent) of the electricity supplied by generators. This was followed by diesel-powered generators, 16.6 per cent, while gas-powered generators accounted for 9.4 per cent of the self-generated electricity.
READ ALSO: I Worked As A Generator Repairer Before Going Into Acting – Ijebu

The bureau said out of 51.2 per cent of electricity provided by the country’s power grid, gas-powered plants accounted for 39.5 per cent, while hydroelectric plants were provided 11.7 per cent.

Off-grid renewables, according to the NBS, accounted for 0.1 per cent of the power consumed nationwide.

Commenting on the poor performance of the power sector despite being privatised more than eight years ago, the President, Nigerian Institution of Power Engineers, Israel Abraham, said the expectations of citizens in the privatised industry had not been met.

He disclosed this in a presentation sent to the ACCI, titled, “Nigerian power sector reform: Implementation, challenges and way forward.” 

Abraham said, “In its efforts to improve the power supply situation in the country, the government opted for the reforms and eventual privatisation of the sector to attract private sector finance, technical and administrative expertise.

“However, the government and citizens’ expectations have not been fully realised many years after the exercise.”

He explained that the commercialisation and corporatisation of the sector, being the most critical stage in the reform implementation where bold and realistic decisions ought to have been taken, was skipped entirely in the implementation process.

Abraham said, “It is at this stage that private sector initiatives, such as transparency and corporate governance frameworks are introduced into the industry that will attract capital inflow to improve operational efficiencies, reducing technical and non-technical losses.

“Unfortunately, this critical stage was skipped entirely in our implementation process.”

On the way forward, the NIPE president said there was a need to strengthen institutions such as the Nigerian Electricity Regulatory Commission, System Operator and Market Operator established to drive the reform implementation process.

He said, “Unbundle the Transmission Company of Nigeria into its component units, Transmission Service Provider, Market Operator and System Operator to instil confidence in the market. Ensure full implementation of the ruling documents (Acts, Market Rules and Grid Code) to bring discipline in the market.

“Government to reduce to the barest minimum political interference in the operation of the industry regulator -NERC, for it to be truly independent and that will instil confidence in new investors.”

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Photo Credit: Getty

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