Nigeria Boosts Economy with N181.62bn Electricity Exports in 9 Months

Nigeria Boosts Economy with N181.62bn Electricity Exports in 9 Months
Nigeria Boosts Economy with N181.62bn Electricity Exports in 9 Months

Nigeria Achieves N181.62bn in Electricity Export Revenue: Key Insights

Nigeria exported electricity worth ₦181.62 billion in the first nine months of 2024, reflecting the country’s growing energy trade despite ongoing challenges in domestic power supply.

Much of this revenue is linked to the country’s agreements with neighboring nations for power supply through the West African Power Pool (WAPP).

However, Nigeria’s internal energy situation remains critical, with inconsistent power distribution and access.

Reports show a significant divide in electricity access, particularly between urban and rural areas, highlighting the need for infrastructural improvements alongside export-focused efforts​.

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