Black Out imminent as power output drops below 4,000MW
Nigeria’s is facing acute shortage of electricity, as supply of natural gas to the thermal plants dwindles daily.
The country operates on less than 4,000 megawatts, of development, which has limited the supply of electricity nationwide.
The happens, as the sector is battling infrastructure and other bottlenecks, which have hindered the supply of power nationwide.
The country’s former president, Association of International Energy Economists(AIEE), Prof Wunmi Iledare, said the government appears incapable of fixing the problems in the country.o
In an interview with Bold News, he said the tripod, which the sector rests on is becoming weaker daily.
He said:” The operation of the generation, distribution and the transmission segments of the industry, is fraught with challenges such as infrastructure, poor maintenance, skilled personnel, faulty pipeline, which has hindered the distribution of gas to the power plants, among others.”
The issue, if not immediately addressed, Iledare, said, would worsen the country’s energy crises.
He urged stakeholders, including the Federal Government, to work together towards solving the liquidity problems in the sector, adding huge amount of money, is required to end the lingering problems in the country’s electricity industry.
He further said that the power distribution companies ( DisCos) generation companies ( GenCos) and the Transmission Company of Nigeria (TCN), which is the only institution, in which the Federal Government, has total control, lacks liquidity.
It would be recalled the government has introduced energy mix, with a view to enable the country maximises the potentials in both Off-Grid and On-Grid method of electricity for growth. This happens, amid inefficiency, that was discovered, by the government, in the energy market.