The federal government has failed to meet its target of generating and supplying 5,000 megawatts (mw) of electricity to Nigerians by the end of 2014.
Although there is a slight improvement in the generated power, it is still 887.71mw less than the promised target.
Statistics of the Nigerian Electricity Supply Industry (NESI) on the website of the Federal Ministry of Power, showed that out of the 4,112.29mw that the electricity generation companies produced as at December 29, the Transmission Company of Nigeria (TCN) was able to evacuate 4,034.48mw, leaving 77.81mw untouched.
According to the data, the energy generation was 4,112.29mw while the market hit a peak energy generation of 4,389.70mw on December 29.
With the statistics, the electricity market has soared within nine days in terms of power transmission from 3,666.7mw to 4,034.48mw.
This shows that in the period under review, the market raised energy sent out by 367.78mw. The market also increased energy generation by 277.41mw, as the power generation in the penultimate statistics of December 21 was 3,732.27mw.
In terms of peak power generation, the market rose from the 3,912.3mw on December 21, to 4,389.70 mw.
In the history of the NESI, the highest peak power generation ever was the 4,517.6 mw achieved December 23, 2014.

Johnson Alabi
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