x

Poor electricity costs Nigeria N10.1tn annually – World Bank

World Bank said unreliable power supply in Nigeria has caused a huge economic losses, estimated at N10.1tn annually.

The bank said, “Ensuring access to reliable electricity supply is important for poverty alleviation.

Poor electricity costs Nigeria N10tn yearly, says World Bank ⋆

With about 97 million people lacking access to grid electricity, the average annual per capita electricity consumption of Nigeria is 147 kW/h, which is a fifth of the average low middle-income country consumption.

Hot this week

Pro-Tinubu Group Launches NIN Registration Initiative in Plateau

A pro-President Bola Ahmed Tinubu support group, Tinubu or...

EFCC Raises Alarm Over Banks, Fintechs in ₦18.7bn Fraudulent Investment, Airline Discount Schemes

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

DSCHC Enrols 350 Additional Residents Into Delta Health Insurance Scheme

The Delta State Contributory Health Commission (DSCHC) has enrolled...

CDHR to Hold Annual Conference With Nationwide Delegates

By Jabiru HassanThe Committee for the Defence of Human...

Abductions: US urges stronger action as FG vows to track bandits

The United States has raised concerns over Nigeria’s ability...

Kwankwaso: Gov Yusuf will regret leaving NNPP

Leader of the New Nigeria Peoples Party (NNPP) and...

Probe uncovers Colonel as alleged coordinator of coup plot against Tinubu

An interim investigation report into the alleged coup plot...

EFCC Arraigns Ex-NEDC Project Coordinator Over Alleged N2.28bn Fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned...

2027 Polls: Oborevwori Directs Police, Security Agencies to Arrest, Prosecute Armed Individuals

By Anne AzukaDelta State Governor, Rt. Hon. Sheriff Oborevwori,...

Ododo Praises Tinubu’s Public Finance Reforms as Ibori Commissions Kogi Audit House

By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed Usman...

IGBO ADORATION DAY IS A LAUDABLE PROJECT,  OHANAEZE NDIGBO CHIEFTAIN 

   The President of Ohanaeze Ndigbo, Abia State Chapter,...

Wike Approves N12bn January Salaries of FCTA Workers Amid Strike

… Enumerates Key ReformsUnder AdministrationBy Joyce Remi-BabayejuThe Minister of...

Related Articles

Popular Categories

spot_imgspot_img