The Nigerian Bulk Electricity Trading Plc on Thursday provided statistics on misalignments in the power value chain, saying that about 14,000 megawatts of electricity was contracted to power generation companies.

The Nigerian Bulk Electricity Trading Plc on Thursday provided statistics on misalignments in the power value chain, saying that about 14,000 megawatts of electricity was contracted to power generation companies.

Managing Director, NBET, Nnaemeka Ewelukwa, gave a breakdown of the quantum of Nigeria’s electricity demand, what was contracted, available capacity, what was produced, among others.

He provided these statistics while speaking during a plenary session at the World Energy Day Conference 2021, with the theme, ‘Energy Transition: Gas as Fuel of Choice’, organised by the Abuja Chamber of Commerce and Industry.

This came as the Group Executive Director, Gas and Power, Nigerian National Petroleum Company, Mohammed Ahmed, told participants at the event that about 77 million Nigerians were currently without access to electricity.