ANALYSIS: Reviewing Nigeria’s power sector in 2021

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Ms Ogaji said gas supply constraints was also one of the major challenges facing GenCos and responsible for the drop in power generation.

She said that this could be remedied by the Nigerian National Petroleum Corporation agreeing to supply 60 per cent of the gas needed by the thermal plants.

He said Nigeria’s Gross Domestic Product was currently N468 billion and was expected to rise to N973 billion by 2040 which would increase energy demand in the country.

 

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