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

Kaduna Kidnapping: Gov Uba Sani Assures Safe Return of Abducted Kurmin Wali Worshippers

Kaduna State Governor, Uba Sani, has assured residents of...

CSO Raises Concern Over Delay in 2025 Hajj Refunds, Writes NAHCON

The Independent Hajj Reporters (IHR) has written to the...

Dogara Steps Into the Spotlight as Nigeria Seeks Unity

Since independence in 1960, Nigeria’s politics has been shaped...

FG hails Funke Akindele after film breaks Nollywood box office record

The Federal Government has commended Nollywood actress and producer...

AFAN Welcomes Finance Minister’s Support for Farmers as FG Moves to Stabilise Agriculture

By Jabiru HassanThe All Farmers Association of Nigeria (AFAN)...

Vigilante group discovers two decomposing bodies in Kogi forest

From Noah Ocheni , LokojaLocal Vigilante over the weekend...

Bandits attack Kaduna community, kill 4, kidnapped 13.

By Achadu Gabriel, KadunaYarkasuwa Saminaka, a Christian dominated...

Indigenous Contractors Commend Minister of State Uzoka-Anite’s Swift Intervention On Oustanding Debts

A delegation of indigenous contractors across Nigeria has commended...

EPL: Aston Villa agree £18m deal for Tammy Abraham

Aston Villa have agreed an £18 million deal to...

FG hails Funke Akindele after film breaks Nollywood box office record

The Federal Government has commended Nollywood actress and producer...

FG targets December deadline to clear 20-year public service arrears

The Federal Government has reaffirmed its commitment to settling...

DisCos push back as FG insists prepaid meters must be free

Electricity distribution companies (DisCos) have raised concerns over the...

Related Articles

Popular Categories

spot_imgspot_img