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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.

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