Close Menu
Straightnews

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Ibom Deep Seaport development, not a sprint but a marathon- Gov Eno

    April 9, 2026 --- 1:32 pm

    Akwa Ibom Police Raid compound fronted as Church, arrest 7 suspects

    April 8, 2026 --- 9:56 pm

    Nsit Atai Youths Pledge to Support Tinubu, Eno’s re-election in 2027

    April 8, 2026 --- 8:01 pm
    Facebook X (Twitter) Instagram
    Trending
    • Ibom Deep Seaport development, not a sprint but a marathon- Gov Eno
    • Akwa Ibom Police Raid compound fronted as Church, arrest 7 suspects
    • Nsit Atai Youths Pledge to Support Tinubu, Eno’s re-election in 2027
    • US, Iran Agree on Ceasefire with Iran’s 10-Point Proposal
    • Akwa Ibom Lady emerges as UNICAL Overall best Graduate in Engineering
    • Otu Rallies stakeholders’ support to reclaim oil wells from Akwa Ibom
    • Journalist Decries State of public primary and secondary schools in Akwa Ibom
    • Gov Hails Idem for Restoring electricity, Donating N1b to Constituents
    Facebook X (Twitter) Instagram
    Straightnews
    • Home
    • About Us
      • About StraightNews
      • Our Philosophy
      • Editorial Board
    • News
      • Nationwide News
      • Community News
      • Regional News
        • North Central
        • North East
        • North West
        • South East
        • South South
        • South West
    • Nigeria
      • Politics
      • Economy
      • Education
      • Security
      • Energy
      • Agriculture
      • Health
      • Labour
      • Environment
      • Technology
      • Real Estate
      • Transportation
      • Judiciary
      • Electricity
    • Foreign
      • Africa
        • West Africa
        • South Africa
        • North Africa
        • East Africa
      • America
      • Asia
      • Europe
    • Social
      • Photo Gallery
      • Entertainment
      • Events
      • Fashion
      • Fitness
      • Short Stories
      • Lifestyle
      • Relationship
      • Travel
      • Specials
        • Personality Interview
        • Special Reports
        • Profile
    • Articles
      • Editorial
      • Opinion
      • Essay
    • Sports
    • Contact Us
    Straightnews
    Home»News»Power Sector Loses Drop To N1.6b In One Week
    News

    Power Sector Loses Drop To N1.6b In One Week

    straightnewsng.comBy straightnewsng.comJune 10, 2019 --- 11:54 pmNo Comments3 Mins Read
    WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    Electricity
    Electricity
    Share
    WhatsApp Facebook Twitter LinkedIn Pinterest Email
    Power sector has lost due to constraints from insufficient gas supply, distribution infrastructure and transmission infrastructure has dropped from N1.8 billion, recorded week ago to N1.6 billion in the country.
    An authoritative report obtained from the office of Vice President Yemi Osinbajo stated: “The power sector lost an estimated N1, 610,000,000 (One Billion Six Hundred and Ten Million Naira) on June 8 2019 due to constraints from insufficient gas supply, distribution infrastructure and transmission infrastructure.
    “On June 8 2019, average energy sent out was 3,430 MWH/Hour (up by 87.16 MWH/Hour from the previous day). 1,767.5 MW was not generated due to unavailability of gas. 150 MW was not generated due to unavailability of transmission infrastructure, while 1,014 MW was not generated due to high frequency resulting from unavailability of distribution infrastructure. 423 MW was recorded as losses due to water management.”
    The report stated: “On June 2 2019, average energy sent out was 3,779 MWH/Hour (up by 121.26 MWH/Hour from the previous day). 1,643 MW was not generated due to unavailability of gas.
    “0 MW was not generated due to unavailability of transmission infrastructure, while 1,915 MW was not generated due to high frequency resulting from unavailability of distribution infrastructure. 270 MW was recorded as losses due to water management
    “The power sector lost an estimated N1, 837,000,000 (One Billion Eight Hundred and Thirty Seven Million Naira) on June 2 2019 due to insufficient gas supply, distribution infrastructure and transmission infrastructure.”
    It added: “The dominant constraint on June 2, 2019 was due to high frequency resulting from unavailability of distribution infrastructure – constraining a total of 1,915 MW from being available on the grid.”
    Commenting on metering, the report also added: “The Commission has issued permits to Ikeja & Benin Disco’s Meter Asset Providers (MAPs), in accordance with section 4(3) of the MAP Regulations- NERC- R-112 of 2018, to MAPs that were successful in the procurements conducted by Ikeja Electricity Distribution Company (IEDC) and Benin Electricity Distribution Company (BEDC).
    “Section 4(3) of the MAP Regulation 2018 requires all electricity distribution licensees to engage MAPs that would assist, as investors, in closing the metering gap and thus eliminating the practice of estimated billing in the Nigerian Electricity Supply Industry (NESI).
    “IEDC has appointed Mojec International Limited- (399,790 meters), Consolidated Infrastructure Group Ltd- (397,922 meters) and New Hamshire Capital Ltd-(276,699 meters) respectively within the Ikeja Disco franchise under MAP. While Benin Disco has appointed FLT Energy System Ltd, G-Unit Engineering Ltd, Inlaks Power Solution Ltd, Sabrud Consortium Nigeria Ltd and Turbo Energy Ltd to provide meters within its franchise.
    “The Commission has directed that the rollout of meters shall commence no later than the 1st of May 2019. Customers of Ikeja & Benin Disco’s should expect from the commencement of rollout date for meters to be installed in their premises within 10 working days of making payment to MAPs in accordance with section 18 (3) of the MAP Regulations 2018.
    “MAPs shall charge an upfront amount of N36, 991.50 for single phase meters and N67,055.85 for three-phase meters respectively. These costs of meters are inclusive of supply, installation, maintenance and replacement of meters over its technical life.”
    Benin Electricity Distribution Company (BEDC) Ikeja Electricity Distribution Company (IEDC) power
    Share. WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    straightnewsng.com
    • Website

    Related Posts

    Christ’s Death and Resurrection greatest triumph and Victory- Eno

    April 6, 2026 --- 4:52 pm

    ‘Let’s renew our faith in God and in our country,’ Akpabio Urges Nigerians

    April 5, 2026 --- 7:50 pm

    US Missionary Alex Barbir Reportedly Flees Nigeria

    April 4, 2026 --- 7:30 am

    Comments are closed.

    Search
    Our Picks
    Don't Miss
    Economy

    Ibom Deep Seaport development, not a sprint but a marathon- Gov Eno

    By straightnewsng.comApril 9, 2026 --- 1:32 pm0

    Akakan Umoh Akwa Ibom Governor Umo Eno has dropped a bombshell that the development of…

    Akwa Ibom Police Raid compound fronted as Church, arrest 7 suspects

    April 8, 2026 --- 9:56 pm

    Nsit Atai Youths Pledge to Support Tinubu, Eno’s re-election in 2027

    April 8, 2026 --- 8:01 pm

    US, Iran Agree on Ceasefire with Iran’s 10-Point Proposal

    April 8, 2026 --- 9:46 am

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    The publication is committed to the principles of development journalism. We are prepared to change the public perception that the profession is a harbinger of hate, blackmail, sycophancy, prejudice and falsehood.

    We pledge to use journalism practice to give voice to the voiceless and to give people of all shades of opinions an opportunity to tell their stories.
    We're accepting new partnerships right now.

    Recent Posts
    • Ibom Deep Seaport development, not a sprint but a marathon- Gov Eno
    • Akwa Ibom Police Raid compound fronted as Church, arrest 7 suspects
    • Nsit Atai Youths Pledge to Support Tinubu, Eno’s re-election in 2027
    • US, Iran Agree on Ceasefire with Iran’s 10-Point Proposal
    • Akwa Ibom Lady emerges as UNICAL Overall best Graduate in Engineering
    Facebook X (Twitter) Instagram Pinterest
    • Advertise With Us
    © 2026 Straightnews Wire Limited

    Type above and press Enter to search. Press Esc to cancel.