• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, October 25, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Businesses, Homes Face Extended Power Outages As Grid Supply Dips to 4,300MW

Nse Anthony-Uko by Nse Anthony-Uko
8 months ago
in Business
power station
Share on WhatsAppShare on FacebookShare on XTelegram

…Thermal plants get only 43% gas—NISO

Homes and businesses across Nigeria should brace up for extended power outages following further decline in the national grid’s average electricity generation.

The Nigerian Independent System Operator (NISO), disclosed on Friday, that average daily electricity generation has dropped t 4,300MW, triggered persistent gas supply shortfall as thermal plants currently receive just 43 per cent of required gas supplies.

In a public notice, NISO attributed the sharp decline to a massive gas shortfall, stating that “the current average available generation of approximately 4,300MW is primarily due to inadequate gas supply to thermal generating stations.”

Thermal plants, which form the dominant share of Nigeria’s power mix, collectively need an estimated 1,629.75 million standard cubic feet (MMSCF) of gas daily to run at full capacity. Yet, as of February 23, deliveries stood at only 692 MMSCF—representing less than 43 per cent of requirements and a staggering daily deficit of 937.75 MMSCF.

RELATED NEWS

AfDB Raises $2.5bn Through Bonds As Investor Demand Hits $4.8bn

No Master Design For 750km Lagos-Calabar Highway, Umahi Admits

Firm Links Structured Finance Success To Transparency, Strong Governance

This bottleneck, operator noted,  has resulted in reduced energy allocations for Distribution Companies (DisCos), forcing NISO to ramp up load shedding nationwide.

The operator explained that “when total system generation drops significantly, the Independent System Operator must implement load shedding across the system, while dispatching available energy in line with the NERC MYTO allocation percentages across all distribution networks to maintain grid stability and prevent system disturbances.”

For consumers, the implications are dire. Factories risk production depending entirely on self-generates power using diesel, thus inflating operational costs and further escalating the living for the citizenry.

Households face prolonged blackouts, higher reliance on costly generators, and surging diesel expenses—exacerbating living costs amid subsidy removals.

Small businesses in markets like Lagos and Abuja, dependent on steady power for refrigeration and lighting, could see daily losses that hampers productivity.

NISO acknowledged the hardship, noting it “regrets the inconvenience this situation may cause electricity consumers and affected market participants” and committing to collaborate with stakeholders for swift recovery once gas flows improve.

The crisis underscores persistent gas supply woes, including pipeline vandalism in the Niger Delta, unpaid dues to producers, and regulatory hurdles despite mandates from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

Recent NISO data shows February generation averaging below 4,500MW, far from the grid’s potential exceeding 13,000MW.

As Nigeria advances power sector reforms under the Electricity Act 2023, analysts urge urgent interventions like the Gas Supply Stabilisation Fund to avert deeper economic fallout.

Without resolution, experts warn, the vicious cycle of low generation and outages could derail growth targets for 2026.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

OTHER NEWS UPDATES

AfDB Raises $2.5bn Through Bonds As Investor Demand Hits $4.8bn
Business

AfDB Raises $2.5bn Through Bonds As Investor Demand Hits $4.8bn

1 hour ago
No Master Design For 750km Lagos-Calabar Highway, Umahi Admits
Business

No Master Design For 750km Lagos-Calabar Highway, Umahi Admits

2 hours ago
Firm Links Structured Finance Success To Transparency, Strong Governance
Business

Firm Links Structured Finance Success To Transparency, Strong Governance

4 hours ago
Next Post
Wema Bank Unveils Top 10 Nominees For SARA Gives To ‘Empower Her’ Award

Wema Bank Unveils Top 10 Nominees For SARA Gives To 'Empower Her' Award

LATEST UPDATE

Kano Hisbah Arrests TikToker Amani Ishaq, Two Others Over Dance Videos

38 minutes ago

AfDB Raises $2.5bn Through Bonds As Investor Demand Hits $4.8bn

1 hour ago

No Master Design For 750km Lagos-Calabar Highway, Umahi Admits

2 hours ago

Police Rescue 15-Year-Old Kidnap Victim, Neutralise Suspect In Oyo

4 hours ago

IGP Disu Proposes 200% Gratuity, Improved Pensions For Retired Officers

4 hours ago

NANS Passes Vote Of Confidence In Tinubu, Umahi After Road Inspection

4 hours ago

EU, Edo Explore Investment Opportunities In Cocoa, Dairy, Livestock

4 hours ago

 Ekiti High Court Goes Digital As NCMS E-Filing Takes Effect

4 hours ago

NSE Inducts 800 ATBU Graduates, Warns Against Corruption

4 hours ago

Firm Links Structured Finance Success To Transparency, Strong Governance

4 hours ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.