Energy crisis: DisCos still under pressure as allocation drops to 3,059MW

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Electricity Distribution Companies, DisCos, weekend, remained under pressure to meet the demand of customers under Band A, expected to enjoy a minimum of 20 hours of daily supply, as Nigeria’s power allocation dropped to 3,059MW, yesterday.

Data obtained from Energy System Operator, an autonomous unit in the Transmission of Nigeria, TCN, by Vanguard, indicated that the allocation was inadequate to meet the demand of Band A and other classes of consumers nationwide.

Others were Ibadan DisCo ; Benin DisCo ; Enugu DisCo ; Port Harcourt DisCo ; Kano DisCo ; Kaduna Electric ; Jos DisCo ; and Yola DisCo . “One thing that is also common with these locations is that they are mostly affluent and high-income areas of society and they represent a disproportionately high share of energy consumed relative to their share of the customer population.

The National Bureau of Statistics, NBS, which made the disclosure, weekend, stated: “The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas increased by 7.10% on a month-on-month basis from N6,154.50 recorded in February 2024 to N6,591.62 in March 2024. “Also, the average retail price for refilling a 12.5kg Cylinder of Liquefied Petroleum Gas increased by 5.77% on a month-on-month basis from N15,060.38 in February 2024 to N15,929.04 in March 2024.”Also, the NBS disclosed that “the average retail price per litre of Household Kerosene paid by consumers in March 2024 was N1,354.40, showing an increase of 1.00% compared to N1,340.94 recorded in February 2024.

 

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