Nigeria's Power Generation Slumps To 2,390mw
File Image: Businessamlive

Nigerians may have a bleak yuletide celebration since the country’s electricity supply is still on a steady decline, according to the Presidential Task Force on Power.

The report from the TaskForce indicates that from August to October 2018, power loss was at 337,364 megawatts.

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In addition, the power sector lost N162bn because of inadequate gas supply, distribution and transmission infrastructure.

A further breakdown of the report shows that August had a power loss of 120, 776MW, as power sent out amounted to 113,460MW.

This led to a loss of N57.976bn.

And in September, the sector had a power loss of 107,340MW, while 105,432MW was sent out; N51.55bn was lost.

For October, there was a power loss of 109,275MW; power sent out stood at 116,312MW.

This accounted for an N52.449bn.