Business
DisCos Ignore 2,495.3MW In One Week – Report
Electricity distribution companies in Nigeria did not utilise a total of 2,495.3 megawatts of electricity in one week this month. This is in spite of apparent high demand for electricity nationwide.
This is contained in the Transmission Company of Nigeria’s latest report on national grid performance: TCN-Discos Interface from April 2 to April 8, 2022.
The report revealed that some Discos failed to utilise over 2,400MW of electricity during the period despite the fact that they were nominated for the electricity load.
Although the report indicated that some Discos took and distributed excess load than they nominated for during the week under review, it was observed that others failed to distribute a huge quantum of electricity daily, amidst the low supply across the country.
It showed the maximum load nomination by each Disco, their approved Multi-Year Tariff Order allocation, their actual consumption, the quantum of unutilised load by some of them, as well as the excess load taken by others.
Nigeria’s 11 Discos, which include Abuja, Benin, Eko, Enugu, Ibadan, Ikeja, Jos, Kaduna, Kano, Port Harcourt and Yola, have attracted series of complaints about the poor delivery of electricity by the firms.
It was observed that on April 2, for instance, a total of 373.97MW of power was unutilised by five power distribution companies, as Eko did not utilise 118.29MW; Ibadan, 169.77MW; Ikeja, 63.19MW; Kano, 13.18MW; and Port Harcourt, 9.54MW.
On April 3, six power distributors failed to utilise 189.84MW. They include Eko, 26.99MW; Enugu, 1.65MW; Ibadan, 44.85MW; Ikeja, 51.66MW; Kano, 48.35MW and Port Harcourt, 16.34MW.
The number of Discos with unutilised electricity load increased to eight on April 4, as a total of 309.2MW was not distributed to customers across the country by the power firms.
Eko Disco did not utilise 27.10MW; Enugu, 78.18MW; Ibadan, 60.39MW; Ikeja, 46.03MW; Jos, 23.74MW; Kaduna, 5.35MW; Kano, 50.28MW; and Port Harcourt, 18.13MW.
The TCN report obtained by The Tide’s source in Abuja further showed that on April 5, seven Discos failed to utilise 238.44MW of electricity and they include Eko, 44.49MW; Enugu, 20.05MW; Ibadan, 35.11MW; Ikeja, 67.39MW; Jos, 4.12MW; Kaduna, 9.86MW; and Kano, 57.22MW.
The highest quantum of unutilised power during the review week was recorded on April 6, as seven power distributors failed to utilise nor distributed 596.07MW of electricity to consumers.
Benin Disco did not utilise 40.42MW; Eko, 200.59MW; Enugu, 66.58MW; Ibadan, 46.54MW; Ikeja, 199.05MW; Jos, 19.50MW; and Kano, 23.39MW.
It was also observed that on April 7, seven Discos could not utilise 424.63MW. The Discos include Benin, 4.58MW; Eko, 127.86MW; Enugu, 69.65MW; Ibadan, 39.95MW; Ikeja, 114.12MW; Jos, 30.04MW; and Kano, 42.43MW.
The report further showed that on April 8, six Discos failed to utilise 363.15MW of electricity, as the unutilised load of Benin Disco was 42.91MW; Eko, 86.97MW; Enugu, 30.94MW; Ibadan, 112.12MW; Ikeja, 89.28MW; and Kano, 0.93MW.
Power supply in Nigeria had been poor over the years but grew worse in the past weeks following the collapse of the national electricity grid, which occurred about four times within the space of one month.
Despite the series of grid collapse, the latest report on the grid performance from TCN revealed that the power situation might have been further worsened by the over 2,400MW of electricity that was not utilised by Discos within one week.
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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