The Nigerian Electricity Regulatory Commission issued power generation licences to 21 buyers in 2022, knowledge obtained from the Federal Government company has proven.
Findings confirmed the fee issued 114 registration/permits for the event of mini-grids to spice up power provide throughout the nation throughout the interval.
The Federal Government and stakeholders in the power sector have been making efforts to extend the nation’s power generation and provides after the successor electrical energy generation and distribution arms of the sector had been unbundled and privatised in November 2013.
Since then, Nigeria’s power generation has been hovering between 3,500 megawatts and 5,000MW, a determine which operators and consultants described as too low for a inhabitants of over 200 million individuals.
According to knowledge sourced from the Federal Ministry of Power, power generation on the nationwide grid as of 6am (*21*) final week was 4,472MW, up from an off-peak of three,989.5MW recorded on Thursday.
In its newest report on licensing and permits in the power sector, the fee said that in the fourth quarter of 2022, it authorised two power generation licences, with a mixed capability of 56.5MW, including that 27 mini-grid registration/permits had been issued in the identical quarter.
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