Gencos: Regulatory, Operational Risks Responsible for 25.8% Power Utilisation

•Say only 35% of invoiced amounts settled in recent years

Emmanuel Addeh in Abuja

Nigeria’s power generation companies have attributed the country’s persistently low electricity output averaging about 4,000 megawatts from an installed capacity of 15,500MW, to deep-rooted regulatory distortions and operational constraints within the electricity market.