Energy
Power generation: How FG is misleading Nigerians – ANED
He said power generation capacity as at January 2015 was already at 6, 421MW and not 4,000 as being claimed by the government. The director also said it wasn’t true that an excess generation of 2,000MW was idle.
According to him, there is no stranded 2000MW, stating that while there is an available capacity of 7,000MW, the best that can be generated, at this time, is 5,000MW.
“This is because there is insufficient gas to power the thermal plants due to gas line limitations – for instance, the non-completion of the Oben pipeline, and the absence of a commercial framework that would encourage gas exploration.”
Oduntan who also accused the federal government of creating confusion in the operations of the power sector said the Discos were compelled to respond to the significantly distorted picture being painted by the Minister of Power, Works and Housing in press briefing last week.
-
Latest1 week agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Business5 days agoCBN targets $12bn annual Diaspora inflows to boost FX liquidity
-
Business5 days agoSEC launches nationwide campaign to help investors recover unclaimed dividends
-
Business3 days agoNigerian AI researcher champions ethical artificial intelligence at COPA AI 2026 summit in Wales
-
Latest7 days agoOyo APC berates Makinde over call for UN probe into Oriire school rescue
-
Business5 days agoCBN launches real-time FX tracker for BDCs, tightens oversight of FX market
-
Business4 days agoFood prices now biggest threat to inflation, beyond CBN’s reach – Analysts
-
Latest6 days agoKwankwaso calls for renewed North–South-East Political alliance ahead of 2027


