ABUJA – Latest data from the Advisory Power Team, (APT) indicates that the country lost 1.548 megawatts per hour of the 4.482 megawatts average energy generated from November 26 to December 25, while the peak for the 30 days stood at 5.504mw, declining by 16 per cent compared to the previous month.
The latest report from the APT shows that Nigerian power sector has continued to suffer severe loss of revenue due to gas as well as transmission and distribution constraints in the electricity value chain, with the losses hitting N22.294 billion on Christmas day, a 30-day review has showed.
The largely negative figures for the last 30 days from the Advisory Power Team, which is resident in the office of the Vice President, Prof. Yemi Osinbajo, also showed that with declining generation and distribution, many Nigerian homes did not enjoy stable power supply during the ongoing festivities.
Nigeria Loses N22 2bn to Gas, Others Constraints in Power Sector
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Nigeria: Exclusive - While Nigerians Lament Increased Electricity Tariff, Regulatory Agency s Officials Share Billions As Perks
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This earned the house, like senate, the “rubber stamp” toga or “appendage of the executive” alias.
However, the spokesman of the lower chamber of the National Assembly, Benjamin Okezie Kalu, said the ninth house had ensured that the bills passed provided real solutions to real issues, adding that the house passed bills to end estimated electricity billing, guarantee interest-free student loans for higher education, provide a better labour environment for Nigerian workers, strengthen agriculture and diversify the economy, provide a favourable business environment for MSMEs, among others.
Some of the bills, he added, included the Electric Power Sector Reform Act (Amendment) Bill; the Physically Challenged (Empowerment) Bill; National Orientation Agency Act (Amendment) Bill; Labour Act (Amendment) Bill; Finance Bill; Students Loan (Access to Higher Education) Bill; Federal Roads Bill 2019; Public Procurement Act (Amendment) Bill; the Company and Allied Matters Bill and the Eme
EXCLUSIVE: While Nigerians lament increased electricity tariff, regulatory agency s officials share billions as perks
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