• About Us
  • Contact Us
  • Privacy & Policy
Monday, October 20, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Energy Crisis: 100 Million Nigerians Suffer Widespread Blackouts Despite Constant Gas Flaring

Vincent Amadi by Vincent Amadi
August 19, 2024
in Economy
Reading Time: 3 mins read
A A
0
Energy Crisis: 100 Million Nigerians Suffer Widespread Blackouts Despite Constant Gas Flaring
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


According to Journalists’ findings, the amount of gas flared in the first six months of 2024 could power more than 3 million homes. It was reported by the National Oil Spill Detection and Response Agency (NOSDRA), that an estimated 148.7 million standard cubic feet of gas was flared in the first half (H1) of 2024.
Recent data from the National Oil Spill Detection and Response Agency (NOSDRA) Nigeria Gas Flare Tracker showed that the country’s flared gas has a power generation potential of 3,401.83 megawatts (MW).
As stated by the US Energy Information Association, one megawatt of power can power 1,000 homes. This means that the gas flared in the first half of 2024 could power at least 3.4 million homes. The value of the flared gas is about $360 million, which could ease the West African country’s foreign exchange problems.
Nigeria has been struggling for years with foreign exchange shortages that have led to slow economic growth, devaluation of the naira, and worsening inflation.


As PricewaterhouseCoopers alluded to in a report titled ‘Privatisation in the Power Sector: Navigating the Transition.’ “The rule of thumb for an industrial nation is about 1MW for every thousand population”.
According to the Nigerian Electricity System Operator, Nigeria has an installed generation capacity of about 13,014.14 MW and an operating capacity of about 4,000 MW. Thus, power generation in Nigeria remains a major challenge.
In comparison, over 100 million Nigerians have no access to electricity and over 75 percent of West African countries have no access to clean energy for cooking.
“Despite all the interventions and subsidies, over 100 million Nigerians still do not have access to consistent and affordable electricity,” said Olu Berhadjen, Special Adviser to President Bola Tinubu on Energy Affairs.
In their view, lack of access directly impacts the ability of citizens to achieve meaningful income growth, limiting productivity and stifling economic growth.
“The link between electricity consumption and economic development is well established across different countries in different income strata.”
As Africa’s largest oil producer, Nigeria is no stranger to energy issues. The high number of power outages in Nigerian communities highlights the inefficiencies plaguing the country’s energy sector.

A few weeks ago, the country’s power grid partially collapsed, plunging parts of the country into darkness. This is the seventh time the country has experienced a complete grid failure in 2024, resulting in a complete blackout across much of the country.
Since the grid was privatized a decade ago, it has failed more than 141 times, highlighting ongoing problems in the energy sector.
Experts stress the urgent need for gas commercialization, strengthened regulation, development of floating liquefied natural gas (FLNG) and amendments to the Petroleum Industry Act to address these issues.
Preye David Orodu, Senior Engineer at KEOT Synergy, stressed the importance of a practical gas commercialization effort backed by a strong infrastructure network.
Orodu noted that some of the liquefied petroleum gas (LPG) used in the country is imported, making the supply chain more uncertain.”By promoting gas commercialisation, we can attract investment, thereby reducing our reliance on imports,” Olodu said.
For energy analyst Bala Zakka, the use of natural gas, a cleaner source of energy, could help boost investment in gas turbines and power generation.
He said Nigeria has not done enough as a member of the Organization of Petroleum Exporting Countries and the Forum of Gas Exporters.
Energy analyst Kelvin Emmanuel stressed the need for deregulation of gas prices to motivate operators to commercialize the gas they currently flare, thereby reducing environmental and economic losses.
Emmanuel said this is important because “The reason this is critical is because if the cost of gas per standard cubic feet is lower than the cost of penalty for flaring, the operators will reject re-injection and opt for the fines.”
To address this issue, Emmanuel proposed the development of floating LNG vessels, which would reduce the cost of building standard trains, reduce the risk of vandalism and facilitate the extraction of associated gas from wells. Emanuel said this approach would eliminate the need for flaring and reinjection, providing a more sustainable way to use gas.

Tags: business
Vincent Amadi

Vincent Amadi

Related Posts

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre

5 days ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

We never imported bad fuel – Dangote Refinery

1 week ago
Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn
Economy

Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn

2 weeks ago
BREAKING NEWS: PENGASSAN Declares Nationwide Strike.
Economy

BREAKING NEWS: PENGASSAN calls off strike

3 weeks ago

Leave a Reply Cancel reply

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

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Arewa group lambast PDP Spokesperson over disrespectful comments on Ugwuanyi
National

Arewa group lambast PDP Spokesperson over disrespectful comments on Ugwuanyi

2 days ago
2027: Murray-Bruce defection to APC not surprising – Dele Momodu
National

2027: Murray-Bruce defection to APC not surprising – Dele Momodu

2 days ago
Kaduna: Seven dead as terrorists clash with illegal miners
National

Kaduna: Seven dead as terrorists clash with illegal miners

2 days ago
Governor Uzodimma Approves N70,000 Minimum Wage for Imo Workers
National

APC remains only party in Nigeria – Gov Uzodimma

2 days ago
ADC Questions President Tinubu’s Five-Day Disappearance After 2025 BRICS Summit in Brazil
National

Cut foreign trips, focus on national challenges – Lawyer tells Tinubu

2 days ago
Breaking News: Former vice president Atiku Abubakar resigns from PDP
National

Atiku’s greed cause of PDP’s gradual demise

3 days ago

POLITICS

Arewa group lambast PDP Spokesperson over disrespectful comments on Ugwuanyi

Arewa group lambast PDP Spokesperson over disrespectful comments on Ugwuanyi

2 days ago
2027: Murray-Bruce defection to APC not surprising – Dele Momodu

2027: Murray-Bruce defection to APC not surprising – Dele Momodu

2 days ago
Breaking News: Former vice president Atiku Abubakar resigns from PDP

Atiku’s greed cause of PDP’s gradual demise

3 days ago
Avoid PDP, it’s torn to pieces – Akpabio tell politicians

Avoid PDP, it’s torn to pieces – Akpabio tell politicians

3 days ago
2027: Defections to APC not guarantee of victory — CUPP

2027: Defections to APC not guarantee of victory — CUPP

3 days ago
2027: Those planning to rig Abia governorship election should write their wills – Otti

2027: Those planning to rig Abia governorship election should write their wills – Otti

3 days ago

YOUR ECONOMY

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre

5 days ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

We never imported bad fuel – Dangote Refinery

1 week ago
Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn
Economy

Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn

2 weeks ago
BREAKING NEWS: PENGASSAN Declares Nationwide Strike.
Economy

BREAKING NEWS: PENGASSAN calls off strike

3 weeks ago
You’re scaring off investors – Senator Karimi warns PENGASSAN over feud with Dangote Refinery
Economy

You’re scaring off investors – Senator Karimi warns PENGASSAN over feud with Dangote Refinery

3 weeks ago
BUA Chairman: Naira Will Settle at N1,300/$ by December 2025
Economy

BUA Chairman: Naira Will Settle at N1,300/$ by December 2025

4 weeks ago

E & P

2026 World Cup qualifying play-offs: We are ready for Nigeria – Gabon coach
Sports

2026 World Cup qualifying play-offs: We are ready for Nigeria – Gabon coach

by Steven Atogi
3 days ago
0

The national team coach of Gabon, Thierry Mouyouma, has said that his team is ready to tackle Nigeria in the...

2026 World Cup playoffs: Super Eagles likely to play Gabon

2026 World Cup playoffs: Super Eagles likely to play Gabon

5 days ago
EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd

EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd

2 weeks ago
EPL: Amorim should use Mbeumo as striker over Sesko — Owen

EPL: Amorim should use Mbeumo as striker over Sesko — Owen

2 weeks ago
Xavi Hernandez hinted to replace Ruben Amorim at Old Trafford

Xavi Hernandez hinted to replace Ruben Amorim at Old Trafford

3 weeks ago
Dembele wins 2025 Ballon d’Or ahead of Yamal [Full list]

Dembele wins 2025 Ballon d’Or ahead of Yamal [Full list]

4 weeks ago

YOUR THOUGHT & HISTORY

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’
National

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’

by Steven Atogi
2 weeks ago
The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour
Opinion

The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour

by Odini Brains
3 weeks ago
HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
1 month ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
1 month ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
2 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Arewa group lambast PDP Spokesperson over disrespectful comments on Ugwuanyi

Arewa group lambast PDP Spokesperson over disrespectful comments on Ugwuanyi

October 18, 2025
2027: Murray-Bruce defection to APC not surprising – Dele Momodu

2027: Murray-Bruce defection to APC not surprising – Dele Momodu

October 18, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address