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Only 53% of electricity capacity utilised in Nigeria – NERC

THE Nigerian Electricity Regulatory Commission (NERC) has said that only 53% of the available (electricity) capacity is utilized in the country.

The NERC Vice Chairman/Commissioner Market, Competition & Rates, Musiliu O. Oseni disclosed this today.

Oseni made the disclosure during his address to participants at the NERC’s Stakeholder Workshop on the Constitutional Amendment and Electricity Act 2023 from July 12-13, 2023.

“Only 53% of available (electricity) capacity is utilized in Nigeria due to challenges with gas supply, transmission and distribution constraints and commercial challenges,” he said.

“When it comes to nurturing the electricity sector, States face important choices that come with implications.

“It is important for them to adopt a collaborative mindset, focus on load growth, prioritize quality improvements, prioritize customer satisfaction and work towards improving liquidity. These considerations are key to supporting the sector’s growth and success.”

Also according to the Chairman/Chief Executive Officer (CEO) of NERC, Eng. Sanusi Garba, the new Electricity Act has the potential of transforming the entire electricity supply industry.

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