The persistent blackout caused by the collapse of the country’s National Grid has raised concerns by many especially business owners in the commercial city of Lagos who suffer heavy losses due to these inconsistencies.

In a move to address this growing challenge, the Lagos State Government under the leadership of Babajide Sanwo-Olu has begun to search for alternative power sources.

The initiative, spearheaded by the state’s Ministry of Energy and Mineral Resources (MEMR) in partnership with the Office of Public-Private Partnerships (OPPP) has opened the  bidding for independent power producers and energy solution companies to apply for the establishment of gas-fired power plants.

According to the Ministry on Wednesday, the initiative’s target is to generate up to 500MW of electricity across four designated hubs in the state.

The state lamented the grid’s inability to supply the needed amount of electricity needed to serve businesses in the city.

The government revealed that while Lagos requires over 6,000 MW of electricity, the existing DisCos supply less than 2,000 MW at peak periods.

The Ministry described the electricity shortage as a pressing challenge, hence the need for urgent and sustainable alternatives to supply energy.

“The state faces pressing energy challenges due to rapid urbanization and growth in economic activities. “There is an urgent need for sustainable alternatives to the supply of energy from the national grid, which is inadequate for the entire country,” the statement read in part.

Investors King reported that barely one month after the last restoration, the National Grid suffered another collapse on Tuesday.

This collapse, according to reports, marked the tenth collapse in 2024 alone.

The national power grid has again collapsed, leaving many Nigerians in total darkness.

Investors King can authoritatively report that this is the tenth time the power grid will be disrupted this year alone.

For this recent collapse, the grid, reportedly lost power generation around 1:39 pm on Tuesday.

Information revealed that power generation was 2,711 megawatts as of 1:00 pm, having previously peaked at 3,631 MW.

Earlier, power generation peaked at 3,934.77 MW around six o’clock in the morning.

However, between 2 pm and 3 pm, hourly generation dropped to 0.00 MW.

The Transmission Company of Nigeria confirmed that the national grid experienced a partial disturbance at about 1:52 pm on Tuesday, 5th November 2024.

TCN spokesperson Ndidi Mbah mentioned that the recent collapse was due to a series of line and generator trippings that caused instability in the grid and, consequently, the partial disturbance of the system.

Mbah pointed out that data from the National Control Centre revealed that a part of the grid was not affected by the bulk power disruption.

TCN however indicated that work work is in progress to restore power.

She explained that engineers are already working to quickly restore bulk power supply to the states affected by the “partial disturbance.”

Mbah noted that presently, bulk power supply has been restored to Abuja at 2:49 pm, maintaining that “we are gradually restoring it to other parts of the country.”

She apologized to Nigerians for whatever inconvenience the collapse might have caused.

Findings by Investors King revealed that the grid had collapsed at ten different times between March and November, this year.

Times the grid collapsed included February 4, March 28, April 15, July 16, two times in August 5, October 14, October 15, twice in October 19 and now today, November 5.