Amidst ongoing dust raised by the new electricity tariff at the backdrop of inadequate power supply, electricity generation nosedived to 2,775 megawatts, MW, yesterday, a 32.3 per cent decline from 4,099.87MW recorded last week.
This was contained in the data released by the Nigeria Electricity System Operator, NESO, a semi-autonomous unit of the Transmission Company of Nigeria, TCN.
Information supplied by the Independent System Operator, ISO, showed that as of 6pm yesterday, load allocation to the eleven DisCos which stood at 2,775.00 Megawatts gave Abuja Disco the highest allocation at 428MW, followed by Ikeja Electric at 422MW, Eko Disco at 359MW, Ibadan Disco at 335MW, Benin Disco at 227MW and Enugu Disco at 200MW.
FG plans to spend more on debt servicing, capital expenditures
The Federal Government has outlined plans to allocate a significant portion of its budget to debt servicing over the next...
Read more