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Published On: Wed, Nov 8th, 2017

GENCOs generate 3, 880MW in Q3 2017 -NBS

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By Etuka Sunday

The National Bureau of Statistics (NBS) yesterday revealed through its data that daily energy generation attained a peak of 3,880 MW on the 1st September, 2017 and daily energy sent out on same date was 3,825 MW.
According to NBS, the power generation statistics for Q3 2017 reflected that a total average of 82,266 MWh of energy was generated daily by power stations.
Similarly, the highest daily energy generated per hour attained a peak of 93,118 MWh on 1st September, 2017 and daily energy sent out per hour on same date was 91,801 MWh.
This represents the highest level of energy generated and sent out in the month of September 2017 and in Q3 2017.
However, the lowest daily energy generation, 2,354 MW, in Q3 2017 was attained on 14th September, 2017 and daily energy sent out on that date was 2,310 MW.
The lowest daily energy generation per hour was also attained on same date 56,486 MWh was generated and 55,444 MWh was sent out.
NBS said, the Pension Asset and RSA Membership Data Q1 – Q3 2017 reflected that 7,710,564 workers are registered under the pension scheme compared to 7,589,936 590 registered workers in Q2 2017 while the Pension Fund Asset under Management as at Q3 2017 stood at N7,164mln as against N6,832mln in Q2 2017.
According to the data, FGN Bonds has the highest weight percentage of 54.09% of the total pension fund assets and closely followed by treasury bills with 17.73% weight and domestic ordinary Shares with 8.66% weight while infrastructure funds has the least with 0.07% weight.
It said, participants within the age distribution below 40years have the highest percentage composition closely followed by participants less than 30 years and within the age bracket of 40-49 years while participants above 60years has the least percentage composition.
Meanwhile, the rail transportation data for Q1 2016 to Q2 2017 reflected that a total of 596,792 passengers travelled via the rail system in Q2 2017 as against 768,093 passenger recorded in Q1 2017 and 742,826 in Q2 2016 respectively.
The data showed that the Lagos Mass Transit Train service from Iddo/Apapa to Ijoko recorded the highest number with 427,760 passengers while the Minna to Kaduna Train Service recorded the least with 573 passengers.
Similarly, a total of 1,866 trips embarked on via the rail system in Q2 2017 as against 1,755 trips recorded in Q1 2017 and 1,588 in Q2 2016 respectively.
The Lagos Mass Transit Train service from Iddo/Apapa to Ijoko recorded the highest number with 1,002 trips while the Port Harcourt to Kano Train Service recorded the least with 2 trips.

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