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Electricity: Gas, transmission, distribution facilities hinder 10,106MW generation

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Published 21 December 2020
A total of 10,106.8 megawatts of electricity could not be generated by the nation’s power plants last week amid lingering challenges in the Nigerian electricity supply industry,
’FEMI ASU reports
Daily electricity generation in the country averaged 4,601.33MW last week as gas constraints and low load demand by electricity distribution companies limited power plants’ output.
The power plants connected to the national grid produced a total of 32,209.3MW last week, according to daily generation figures as of 6am collated from the Nigerian Electricity System Operator.
The plants could not produce 8,924.4MW because of gas supply challenges while 1,182.4MW generation capacity was left idle as a result of Discos’ low demand. ....

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Nigeria: Exclusive - While Nigerians Lament Increased Electricity Tariff, Regulatory Agency's Officials Share Billions As Perks

Nigeria: Exclusive - While Nigerians Lament Increased Electricity Tariff, Regulatory Agency's Officials Share Billions As Perks
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

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EXCLUSIVE: While Nigerians lament increased electricity tariff, regulatory agency's officials share billions as perks

EXCLUSIVE: While Nigerians lament increased electricity tariff, regulatory agency's officials share billions as perks
premiumtimesng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from premiumtimesng.com Daily Mail and Mail on Sunday newspapers.

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Stakeholders raise alarm over Nigeria's fragile energy outlook | The Guardian Nigeria News - Nigeria and World NewsBusiness — The Guardian Nigeria News – Nigeria and World News

•Ask FG to suspend royalty, tax on gas
Energy experts, yesterday, raised concerns about Nigeria’s energy sector, insisting that the country’s economy faces serious uncertainty going by the poor outlook of the sector.
The experts, drawn from top private and public institutions, including the Nigerian Association for Energy Economists (NAEE), projected a catastrophic scenario if the Federal Government remains adamant on urgently addressing challenges bedevilling the sector.
The experts spoke at an event in Abuja organised by the NAEE on ‘Energy and Petroleum in a Post Covid-19 World’. Even after the pandemic, State Minister of State for Petroleum Resources, Timipre Sylva, who delivered an eight-minute speech at the event said it is unlikely the oil and gas sector would quickly recover. He, however, noted that efforts by the Organisation of the Petroleum Exporting Countries (OPEC) and other allies as well as Covid-19 vaccination were yielding positive results. ....

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Oil, power firms owe Nigerian banks N5.83tn – NBS

Punch Newspapers
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’Femi Asu
The debts owed by energy firms to Nigerian banks rose by N200bn to N5.85tn in the third quarter of this year, according to the National Bureau of Statistics.
The N5.85tn represents 29.44 per cent of the N19.87tn loans advanced to the private sector as of the end of September.
Oil and gas firms, which received the biggest share of the credit from the banks, increased their debt by N180bn to N5.12tn in Q3 from N4.94tn in Q2.
The total debt owed by power and energy firms to the banks rose to N732.68bn in Q3 from N712.93bn in the previous quarter, the NBS data showed. ....

Fitch Ratings , National Bureau Of Statistics , Nigerian Electricity Regulatory Commission , National Bureau , ஃபிட்ச் ரேடிஂக்ஸ் , தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , நைஜீரியன் மின்சாரம் ஒழுங்குமுறை தரகு , தேசிய பணியகம் ,