Nigeria’s electricity generation peaked at 4,998.20 megawatts on October 6, 2024, a slight decrease from the previous peak of 5,234.70 MW recorded the week before.
This drop in electricity generation comes amid high energy costs, as highlighted by recent system performance data from the National Control Centre, representing a decline of 236.5 MW in total generation.
The Minister of Power, Adebayo Adelabu, had previously celebrated a peak electricity generation of 5,105 megawatts in August 2024, noting that a significant portion of Nigeria’s electricity consumers benefit from 20 hours of uninterrupted power supply.
However, some electricity consumers in Nigeria have expressed dissatisfaction with the current state of power supply in the country.
Despite decades of privatization efforts, Nigeria continues to grapple with electricity generation levels fluctuating between 4,990 and 5,000 MW, with a population of over 250 million people.
The electricity distribution companies in the country have recently increased the electricity tariff to N209.5 per Kilowatt-hour, following a 240 percent tariff hike approved by the Nigerian Electricity Regulatory Commission earlier in the year.
Minister Adelabu maintains that Nigeria’s electricity tariff is the cheapest among African countries, despite the recent tariff hikes and ongoing challenges in electricity generation and distribution.
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