Electricity generation by power plants in the country has dropped to 3,321 Megawatts, following the dwindling supply of natural gas from the Niger Delta region.
The production figure as at today is far below 4,285 Megawatts recorded last September 16.
For instance, Nigeria’s largest power plant at Egbin, near Epe, which has the capacity to produce 1,320 Megawatts, now generates between 250 Megawatts and 300 Megawatts.
Transmission Company of Nigeria says the generated electricity has been transmitted to the eleven electricity distribution companies nationwide for supply to consumers.
The electricity distribution companies have been rationing electricity supply to consumers due to the low generation.
Reacting to the drop in generation, Executive Secretary of Association of Power Generation Companies, APGCs, Mrs. Joy Ogaji, said that debts owed them stood at over N400 billion.
“The situation in power generation is very obvious and clear. The fact remains that we at the generation end of the value chain are quite handicapped at the moment, with the logs of market debts owed us, which has risen to over 400 billion.
“It is noteworthy that most of the generating power plants have been disconnected from the supply of gas simply because we are unable to pay for gas supplied.
“The situation is getting bad and should be addressed as urgently as they should because the country’s power supply is dependent on how much we generate”, she concluded.