TCN: Power Grid Collapsed Three Times in Q2
The latest report from the Transmission Company of Nigeria obtained on Friday in Abuja have indicated that Nigeria’s electricity generation system collapsed three times in the second quarter of this year.
The report showed that the frequency in the collapse of the grid witnessed a 57.14 percent decrease in the second quarter of 2018 when compared to what was recorded in the first quarter of this year.
In April, the first month of the second quarter, the report indicated a grid collapse two times within a period of five days. There was one collapse in June, but no grid collapse was recorded in May.
It was further indicated in the report that power generation remained in a partially collapsed state as it only moved up marginally from 351.3MW of April 11 to 596MW on April 14.
EKEDC Decries Revenue Losses over Meter Bypass in Lekki.
The Chief Executive Officer and Managing Director, Eko Electricity Distribution Company (EKEDC), Mr. Adeoye Fadeyibi revealed the company was recording huge revenue losses in Lekki due to meter bypass and energy theft.
He stated at the company’s Customers Engagement Town Hall Meeting with electricity consumers in the Lekki area, Lagos, that only 11,000 out of 30,000 electricity consumers recharge their prepaid meters monthly. He, however, advised customers to expose those bypassing meter and energy theft in their area. Adeoye added that the tariff approved by the Nigerian Electricity Regulatory Commission (NERC) was not enough to meter all customers. According to him, the company retains less than 25 percent of what it collects from customers monthly.
Manufacturers Generate 13,000MW from Alternative Energy Sources- MAN
Under the Independent Power Projects (IPPS), manufacturers in the country have been able to generate at least 13,000MW of electricity. According to the Manufacturers Association of Nigeria (MAN), manufacturers experience inadequate electricity supply with an average of 9 hours and 4 times power outage daily. With alternative energy utilization and relative improvement in electricity in the sector, which totaled N117.38 billion in 2017 as against N129.95 billion recorded in 2016; thus indicating N12.57 billion decline over the period. Dr. Frank Jacobs, the president of MAN, while acknowledging government’s efforts in addressing the challenges of inadequate electricity supply, pointed out that the privatization of the power sector has led to strategic initiatives worthy of note.