Nigeria’s trillion-dollar economy is running on generators

🇳🇬 Nairametrics Nigeria (NG) —
Nigeria’s trillion-dollar economy is running on generators

AI Summary

Nigeria's economy relies heavily on generators as businesses and households pay to work around unreliable grid electricity. The article argues that electricity generation totals alone obscure the cost of this dependence on off-grid power.

Ask how Nigeria’s power problem is going, and you will be handed a number: the megawatts the country generated last week, last month, last year. It is the wrong number to watch. The revealing figure is not how much electricity Nigeria produces, but how much its people pay to avoid needing the grid at all. […] The post Nigeria’s trillion-dollar economy is running on generators appeared first on Nairametrics.

World Markets Energy Nigeria power grid generators electricity access business costs energy supply

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