N7.2bn Lost In Nigeria’s Energy Sector

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power
Power

Power Sector Records N7.2bn Losses in Six Months

Nigeria?s power sector with an Aggregate Technical, Commercial and Collection losses put at over eight per cent, could have lost over N7.2bn from August 2014 to January this year, given a monthly ATC and C loss of N1.2bn.
It was gathered from the power sector stakeholders at the ongoing Regional Workshop on Metering, Billing and Loss Reduction for Distribution Utilities organised by the National Power Training Institute of Nigeria that current ATC and C losses stood at over eight per cent. It was also learnt that between August and September 2014, the country recorded over N1.2bn losses

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