Former Minister of Power, Bart Nnaji, on Wednesday, November 11, disclosed that although Nigeria currently has the capacity to generate 12,000 megawatts of electricity, only less than half of it gets to the consumers.
The former Minister, who made this disclosure at the opening of a two-day public hearing on the crisis in the power sector organized by Senate ad-hoc Committee on Power, blamed the situation on poor transmission caused by inefficiency of the regulatory agency.
Nnaji, even though the entire megawatts being generated by a nation cannot be distributed to consumers, Nigeria can actually deliver 7,000 megawatts but for the constraints in transmission which he said must be eradicated.
He also described the gas being delivered for power generation as a fraction of the installed capacity which he said would not affect the quantity meant for export through the Liquefied Natural Gas (LNG).
“Even when you have installed capacity of 12,000 mega watts, you cannot release the same amount of megawatts to the end users. Nigeria can generate 7,000 megawatts and make it available for consumption should there be no constraint in transmission where we have inefficiency in distribution.
“Out of the amount of power that is distributed to transmission companies, only about 50 per cent of it gets to the consumers. It is an incredible inefficiency in the power system that must be cured,” he said.
Nnaji who commenced the unbundling of the Power Holding Company of Nigeria ((PHCN) in 2012, regretted that the huge financial resources invested in the power sector for almost two decades have not yielded any meaningful result.