Economy

Seven plants supply 59% of Nigeria’s electricity -World Bank

Published

2 years ago

May 25, 2021

Seven plants supply 59% of Nigeria’s electricity -World Bank

Seven power generation plants produce 59 per cent of the total electricity supplied across the country, the World Bank has said.

According to the bank, Nigeria’s power sector had been operationally inefficient and this was further exacerbated by high losses and lack of payment discipline.

The disclosed in its report on Nigeria’s Power Sector Recovery Programme.

“The power sector is operationally inefficient with unreliable supply exacerbated by high losses and lack of payment discipline,” the bank stated.

It added, “Over reliance of the grid on the electricity supplied from just seven power plants (59 per cent).”

It outlined the seven power generation plants and their percentage contribution to the country’s electricity grid to include Egbin, contributing 13 per cent; Azura-Edo, Kainji, Jebba, and Delta, all contributing eight per cent each.

Others include Shiroro and Odukpami, both contributing seven per cent each to the national power grid, according to findings by the global financial institution.