Power supply to households and businesses across the country has plunged by 1,589.69 megawatts since the nation achieved its peak generation of 5,074.70MW on February 2.
Electricity supply on Sunday, February 14, dropped to 3,485MW from the 3,558.39MW generated that day, data obtained from the Federal Ministry of Power on Monday showed.
Power generation and supply stood at 4,150.64MW and 4,068.5MW on February 11, according to the Presidential Task Force on Power.
Officials at the ministry said on Sunday that issues around gas pipeline rupturing by vandals as well as oil theft had led to a plunge in power generation.
They, however, noted that the Federal Government was working tirelessly to address the problem.
The recent dip in electricity generation came after the Minister of Power, Works and Housing, Babatunde Fashola, had promised that the country would increase its power production by 2,000MW before the end of this year.
He stated that given the various plans undertaken by the present administration in the sector, power generation would increase by 2,000MW in the last quarter of this year.
Fashola stated that a lot had changed in the management of power in Nigeria in recent times.
“Distribution of power is no longer a government business but has been taken over by private companies.
Also, government has privatised power generation, which has steered towards the full privatisation of the sector with transmission aspect being managed by Manitoba International of Canada,” he had said.
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