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Gas Supply, Electricity Billing Stalls Nigeria Power Sector, Two Years After Privatization

Gas Supply, Electricity Billing Stalls Nigeria Power Sector, Two Years After Privatization

Two years into the privatisation of the power sector, electricity supply in the country continues to hover between 3,500 megawatts and 4,500 megawatts, 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

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Renewable Energy to generate 2, 000mw of electricity in 2020

The Nigeria Electricity Regulatory Commission (NERC) has stated that through regulation, the renewable energy would generate 2, 000mw of electricity in the year 2020 According to the statement from NERC Public Relations Affairs, “the law, Feed-in Tariff Regulations for Renewable Energy Sourced Electricity in Nigeria”, was approved at the last regulatory meeting of the Commission.

75% of Nigerians don’t have access to regular electricity Supply- NAEE

About 75% of Nigeria’s 170 million people still live without access to regular electricity supply, the Nigerian Association of Energy Economists (NAEE) has said. According to the NAEE, despite statistics indicating that 45% of the country’s population is currently connected to the national grid, regular supply is still restricted to just about 25% of the population,

Nigeria Needs Stable Financial System to Boost Power Supply – MAN

The Manufacturers Association of Nigeria (MAN) has said a stable and enabling financial environment is critical to enhanced power supply in the country. It noted that so much investment would be required to help the power sector increase its capacity at the distribution level. President, MAN, Dr. Frank Jacobs, explained that power supply is key

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