Nigeria's Power Sector Loses N24bn Monthly to Diesel Generators

13 February 2018

Abuja — Nigeria's electricity sector is losing N24 billion monthly to the diesel generator market, which consumers especially heavy electricity users like industries embrace as an alternative to power their homes and operations, the federal government has disclosed.

Speaking on Monday, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, who was represented at the February 2018 edition of the monthly power sector operators' meeting at Katampe in Abuja by the Minister of State for Power, Works and Housing, Mr. Suleiman Hassan, explained that on the average, 300 million litres of diesel were consumed monthly to power these generating sets.

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