NNPC Gas Supply to Power Sector Hits Two-Year High

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The Nigerian National Petroleum Corporation (NNPC) has announced the attainment of a two-year record spike in gas supply to power generation. Gas supply hit 854.40 million Standard Cubic Feet of gas per day(mmscfd) for the month of March 2018, translating to an equivalent power generation of 3,492MW.
NNPC report for the period of March 2018 indicated a breakdown of natural gas off-take. Commercialization and utilization showed that out of the volume of gas supplied, a total of 152.60 bcf of gas was commercialized, comprising 40.52bcf and 112.08bcf for the domestic and export market respectively. According to the report within the period under coverage, pipeline break stood at 224, of which 25 pipeline points either failed to be welded or ruptured.

Electricity Distributors Group Accuses NERC of Being Partial and Unfair

 

Nigeria’s electricity distribution companies under the aegis of the Association of Electricity Distribution Companies (AEDC) have stated that the major problem in the sector is the regulator. AEDC stated that the Nigerian Electricity Regulatory Commission (NERC) is partial, unfair and incompetent. Sunday Oduntan, the executive secretary of ANED disclosed this on a morning programme on Television Continental, a Lagos -based broadcast station. During the interview, he alluded to the brewing battle over encroachment of franchise area belonging to Enugu DisCo a private company to support the claim of NERC’s partiality. In a reaction to the claims by ANED about Enugu DisCo,  Usman Abba Arabi,  the spokesman for NERC said, “This act is in clear contravention of the regulatory  provision that no company can set up a distribution network within a franchise area of a distribution company where there is already an existing and active distribution facility in the area.”

DisCos Sell power at a shortfall of N49.38 per Kilowatt

 

The Executive Director, Research, and Planning, Association of Nigerian Electricity Distributors, Mr. Sunday Oduntan, stated that the inability of the power distribution companies (DisCos) to meet their obligations to customers is because they incur huge losses in the market. In his statement, he explained that power firms are recording a shortfall of N49.38 per kilowatts, they buy electricity at N80.88 and sell it to consumers at N 31.50. Eleven Discos lose billion of naira weekly. He also added that this makes it impossible for them to provide transformers, wires, meters and other equipment to customers.

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About Rejoice Obike 105 Articles
Obike Rejoice Chinecherem is an ardent reader who loves African literature. She is creative in writing, her write-ups are all about her everyday experiences, women, and society. She loves chocolates, and in her copious time enjoys reviewing artworks and talking about feminism.

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