Electricity distribution companies, otherwise known as DisCos, were unable to take the full power generation in recent period, underlining a major challenge in the electricity supply chain.
Minister of Power, Adebayo Adelabu, yesterday said that power generation had peaked at 5,170 megawatts on Friday, August 30, 2024, but this had to be ramped down by 1,400 megawatts due to the inability of DisCos to pick the supply.
“This is really regrettable considering that government is on course to increase generation to 6,000 megawatts by the end of the year,” Adelabu said.
He, however, assured that all efforts were on to ensure that the country attain stable power supply. Adelabu, who is in China to attend the China-Africa Cooperation Summit as part of the delegation of President Bola Tinubu, spoke during a facility tour of TBEA Southern Power Transmission and Distribution Industry in Beijing, China.
He said the federal government has concluded arrangements to release $800 million for the construction of substations and distribution lines under the Presidential Power Initiative (PPI).
