The total amount of energy on Nigeria’s power grid plunged by 1,669.6 megawatts in one day, as the Senate has kicked against the continuous disbursement of bailout funds by the Federal Government to power firms.
Latest data on the country’s grid performance obtained from the System Operator of the Transmission Company of Nigeria on Wednesday in Abuja showed that power generation dropped from a high of 4,648.3MW on August 11, 2019, to 2,978.7MW the next day.
Our correspondent also observed that the lowest power generation figure of 3,254.1MW recorded on August 11, 2019 was still higher than the 2,978.7MW of August 12.
The power generation for August 12 was the most recent performance update of the national grid published by the TCN.
It was further observed that power generation had hovered around 4,997.7MW and 2,978.7MW since the beginning of August 2019.
This came as the Senate declared that it was not in the interest of government to be disbursing bailout funds to power firms, distribution companies in particular, without commensurate improvement in power supply.
The Senate President, Ahmed Lawan, disclosed this while playing host to the management team of the TCN in his office in Abuja.
Source: Punch Newspaper.
