ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Energy

NISO Flags Low Gas Supply as Electricity Generation Drops to 3,940 MW

Victoria Emeto by Victoria Emeto
March 6, 2026
in Energy
0
NISO Flags Low Gas Supply as Electricity Generation Drops to 3,940 MW

The Nigerian Independent System Operator (NISO) has raised concerns over the consistent low supply of gas to electricity generation companies, resulting in a total generation of 3,940.53 megawatts (MW), below the expected capacity.

According to NISO, between 06:00 and 08:00 hours on March 4, 2026, several generating units were forced to shut down due to insufficient gas supply, leading to a cumulative reduction of approximately 292 MW in available generation on the national grid during the period.

“Operational data as of March 4, 2026, indicate that thermal power plants require approximately 1,588.61 million standard cubic feet (MMSCF) of gas per day to operate at optimal capacity. However, actual gas supply to these stations was approximately 652.92 MMSCF, representing about 40 per cent of the gas required for optimal generation,” NISO stated.

The shortfall in gas supply has further reduced the total electricity available for dispatch, contributing to the current generation inadequacy being experienced across the system.

NISO assured that it is actively engaging with the affected generation companies (GenCos) and relevant gas suppliers to monitor the situation closely and facilitate the restoration of electricity generation once gas supply stabilises.

“The system operator continues to take necessary operational measures to maintain grid stability while managing the impact of the reduced generation on the network. NISO remains committed to keeping stakeholders and the public informed on developments affecting the national grid,” the agency added.

Tags: #GasSupplyCrisis#NigeriaElectricity#NISO#PowerGeneration
Previous Post

NERC Issues New SOP to DisCos to Combat Unauthorised Electricity Access

Next Post

Investors Bid N2.34 Trillion at Latest Nigerian Treasury Bills Auction, Doubling Offer

Victoria Emeto

Victoria Emeto

Next Post
Investors Bid N2.34 Trillion at Latest Nigerian Treasury Bills Auction, Doubling Offer

Investors Bid N2.34 Trillion at Latest Nigerian Treasury Bills Auction, Doubling Offer

Leave a Reply Cancel reply

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

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Prada Defies Luxury Market Slump with 5% Revenue Growth in 2025

Prada Defies Luxury Market Slump with 5% Revenue Growth in 2025

March 6, 2026
President Tinubu Inaugurates Committee to Launch Grid Asset Management Company (GAMCO)

President Tinubu Inaugurates Committee to Launch Grid Asset Management Company (GAMCO)

March 6, 2026
Nigerian ETFs Plunge in February Despite Rising NGX Activity

Nigerian ETFs Plunge in February Despite Rising NGX Activity

March 6, 2026
Nigeria’s Pension Assets Hit N28 Trillion in January 2026 Amid Steady Growth

Nigeria’s Pension Assets Hit N28 Trillion in January 2026 Amid Steady Growth

March 6, 2026
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Prada Defies Luxury Market Slump with 5% Revenue Growth in 2025

Prada Defies Luxury Market Slump with 5% Revenue Growth in 2025

March 6, 2026
President Tinubu Inaugurates Committee to Launch Grid Asset Management Company (GAMCO)

President Tinubu Inaugurates Committee to Launch Grid Asset Management Company (GAMCO)

March 6, 2026
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!