Tag: #NISO
-
POWER GENERATION DROPS TO 4,300MW AS GAS SHORTAGE BITES – NISO
Nigeria’s electricity supply hits a rough patch. The Nigerian Independent System Operator (NISO) says national power generation has plunged to about 4,300 megawatts due to insufficient gas for thermal plants, which form the backbone of the grid. Only 692 MMSCF of gas was supplied on Feb. 23, far below the 1,629.75 MMSCF needed for optimal…
-
POWER SECTOR URGED TO ADOPT TARGETED SUBSIDIES TO PROTECT VULNERABLE NIGERIANS
Lamu Audu, Managing Director of Mainstream Energy Solutions and Board Member of Nigeria Independent System Operator, urged adoption of targeted electricity subsidies at the 5th Annual Power Correspondents Association conference in Abuja. He stressed that targeted subsidies protect vulnerable Nigerians while reducing harmful market distortions compared to blanket subsidies. Audu emphasized that balancing cost-reflective tariffs…
-
NISO REPORTS 1,100MW POWER DROP DUE TO GAS SUPPLY STRIKE
Industrial action in gas sector triggers major power shortfall; urgent grid stabilization measures activated. The Nigerian Independent System Operator (NISO) announced a sharp drop in national grid power generation from over 4,300MW to about 3,200MW on Sept 28, caused by a strike within the gas supply chain by PENGASSAN workers. To avert a nationwide blackout,…
