20 December 2018, Sweetcrude, Lagos — The Central Bank of Nigeria, CBN, says power generation improved in the country in the third quarter of this year due to increased gas supply.
“Electricity generation improved during the review quarter. At 3,358.0 megawatts per hour (mw/h), average estimated electricity generation rose by 3.32 per cent, compared with the level at the end of the second quarter of 2018. The increase was attributed to the increased gas supply to thermal stations and higher water level at the hydro stations.
“At 3,098.0 mw/h, average estimated electricity consumption rose by 1.74 per cent, above the level at end of the preceding quarter. The increase in electricity consumption was attributed to increased electricity generation,” CBN said in its Third Quarter 2018 Economic Report.