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.
-
Business6 days agoNigeria: Whither the fruits of 2026 crude oil windfall?
-
Latest6 days agoMakinde declares 2027 presidential bid under PDP–APM alliance
-
Comments and Issues7 days agoPolitical Parties Primaries: Consensus or Coronation?
-
Comments and Issues6 days agoDoes it matter to Africa if Nigel Farage comes to Number 10?
-
Business5 days agoTrump-Xi summit sparks fresh questions for Nigeria’s economy, tech sector
-
Business4 days agoNigeria’s foreign debt climbs 22% to $51.86bn under Tinubu administration
-
Comments and Issues6 days agoIs France Real or Playing Ping Pong With Africa?
-
Comments and Issues6 days agoThe “Onuku” Called Kenneth Okonkwo

