Economy

NISO Reports 292MW Drop in National Grid Due to Gas Supply Shortfall

Share
Share

The Nigerian Independent System Operator (NISO) on Thursday attributed a 292 megawatt drop in electricity generation on the national grid to insufficient gas supply to thermal power plants.

Checks by Vanguard showed that generation from 15 power plants stood at 3,118.9MW as of 4 p.m., while electricity distribution companies (DisCos) were allocated 2,749MW.

In a statement NISO explained that the decline in generation was largely caused by persistent gas supply constraints affecting several plants. “As of 05:00 hours on Thursday March 5 2026 total generation on the national grid stood at 3,940.53MW already below expected capacity due to gas supply limitations affecting a number of plants,” the operator said.

The statement added that between 06:00 and 08:00 hours several generating units were forced to shut down due to inadequate gas supply resulting in a cumulative reduction of about 292MW in available generation during the period.

According to NISO thermal plants require roughly 1,588.61 million standard cubic feet (MMSCF) of gas per day to operate at optimal capacity but actual supply was about 652.92 MMSCF or approximately 40 percent of the required volume.

The shortfall has further reduced generation available for dispatch across the national grid contributing to ongoing power supply challenges nationwide.

The operator said it is working closely with affected Generation Companies (GenCos) and gas suppliers to monitor the situation and restore generation as gas supply ilizes. Authorities urged electricity consumers to expect possible fluctuations in supply until the constraints are fully resolved.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Economy

Uber Exits Nigeria After 12 Years as Drivers and Analysts Point to Competition and Business Model Flaws

After 12 years of operation, Uber has withdrawn from Nigeria's ride-hailing market,...

EconomyMetro

Uganda Names Crude Oil Blend Pearl Sweet as Commercial Production Nears

Uganda has officially christened its crude oil blend Pearl Sweet, marking a...

Economy

Italian High Speed Trains Begin European Expansion as Fire Damages Palermo Shopping Centre

Italy's state railway company has launched trial runs of its distinctive Frecciarossa...

EconomyWorld

US and Venezuela Sign Major Oil Agreement Amid Controversy

The United States and Venezuela have formalized a sweeping energy agreement in...

Economy

US Stock Futures Dip as Oil Surges Past $90 on Middle East Tensions

American stock futures opened lower on Wednesday as crude oil prices surged...

Economy

US Stock Futures Drop as Bond Yields Surge to Multi-Year Highs, Oil Prices Spike

American stock futures opened September trading under pressure as a worldwide selloff...

EconomyPolitics

Ooni of Ife Endorses Tinubu’s Economic Policies, Cites Market Growth

Nigeria's revered traditional ruler, the Ooni of Ife, Oba Adeyeye Ogunwusi, has...

Economy

What Nigerian Investors Should Watch Before Market Opens September 1

September trading kicks off with investors scanning global cues and domestic market...