Nigeria's leading finance and market intelligence news report.

NOIPolls finds power generation peak at 5,222 MW in 2019

......average power supply inadequate to spur desired economic growth 

A public opinion poll conducted by NOIPolls has revealed that power supply to Nigeria household experienced a marginal increase in Q4 2019, and peaked at 5,222.3 MW.

According to the recent NOIPoll report, the marginal increase stood at 37 percent in Q4 from 36 percent obtained in Q3, 2019 while a quarterly trend analysis of power supply in 2019 shows that the highest improvement in power supply was in Q1 and Q4, 2019 while the lowest supply occurred in Q2, 2019 as expressed by Nigerians interviewed.

The report also revealed that the month of January 2019 had the highest power supply while the lowest power supply was experienced in April 2019 as indicated by 46 percent and 28 percent of Nigerians respectively.

“It is also worthy to note that the current transmission capacity and network operational capacities are 7,000 Mega Watts (MW) and 5,500 MW respectively, however, the peak generation ever attained in Nigeria in 2019 is 5,222.3 MW”.

Further findings revealed that the highest average cumulative hours of power supply were recorded in the month of January 2019 which stood at 10.2 hours per day whereas, the month of April experienced the lowest in terms of average cumulative hours of power supply (9.0 hours per day) in 2019.

The report however shows that the cumulative hourly average recorded in January 2019 remains inadequate compared to an ideal 24 hours of power supply which is required for the overall progress and development of the country as well as spur economic growth.

 

Cynthia Egboboh, Abuja.

Comments are closed, but trackbacks and pingbacks are open.