As Nigerians continue to grapple with worsening electricity supply, recent data on the daily load summary of power distribution companies reveals a concerning trend.
Between February 1 and 14, 2024, these companies failed to distribute approximately 1,769.91 megawatts of electricity.
Information obtained from the Transmission Company of Nigeria in Abuja on Monday highlighted that while some power firms received excess electricity load allocations during this period, many did not utilize the full quantum of energy allotted to them.
This situation has contributed to the erratic electricity supply experienced nationwide.
The deteriorating power situation prompted Minister of Power, Chief Adebayo Adelabu, to summon certain power firms and the TCN to provide explanations for the declining state of electricity supply in their respective regions.
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Adelabu noted that some distribution companies were deliberately refusing power supply from TCN, while vandalism of power lines further exacerbated the issue in regions such as Abuja, Benin, Port Harcourt, and Ibadan.
The Minister’s concerns are reflected in the daily load summary of power distribution companies from February 1 to 14, 2024. For instance, on February 1, seven power distributors failed to utilize 128.62MW of electricity, while four others received excess load allocations.
Similar trends continued throughout the period, with several companies failing to utilize allocated electricity while others received excess load allocations.
This situation persisted into the second week of February when power distributors collectively failed to distribute about 1,043.63MW of electricity while receiving an excess load allocation of 330.97MW. The ongoing power supply challenges have exacerbated the difficulties faced by Nigerians over the past two months.
Addressing the country’s power supply challenges, Nigerian Economic Summit Group chairman Niyi Yusuf emphasized that achieving President Bola Ahmed Tinubu’s $1 trillion Gross Domestic Product growth target by 2030 would be unattainable in a ‘generator economy.’
