Wednesday, 24 July 2024 - 23:18
Search
Close this search box.

|

In 2023, Nigeria experienced a 14.64% rise in electricity supply, according to NBS.

In 2023, Nigeria experienced a 14.64% rise in electricity supply, according to NBS.

Nigeria’s electricity supply increased by 14.64 per cent in the fourth quarter of 2023 on a year-on-year basis.

This was disclosed by the National Bureau of Statistics’ latest electricity report.

The report said the country’s electricity supply surged to 6,432 gigawatt-hours in Q4 2023 from 5,732gwh in the previous quarter. Also, the figure represents an increase compared to 5,611Gwh reported in Q4 2022.

Meanwhile, the electricity supply has dropped drastically since January 2024.

The Minister of Power, Adebayo Adelabu, lamented that a 4,000-megawatt power supply for a country with an estimated population of over 200 million is unacceptable.

He blamed gas constraints for the drop in power supply nationwide.

However, the recent hike in tariff for electricity Band A customers getting 20 hours of power supply has continued to raise dust among Nigerians battling epileptic power.

READ MORE  CBN Governor Asserts Clearance of FX Backlog Amid Market Transparency.
If you want to share and earn points pleaseloginfirst
Related Articles

Explained: Why Pochettino didn’t join Chelsea lap of honour

|

May 22, 2024

Next Chelsea boss: Who will replace Pochettino?

|

May 22, 2024

Chelsea owners accused of ‘destroying’ club after Pochettino exit

|

May 22, 2024

‘I was criticised for dressing too sexy’ – Tiwa Savage

|

May 22, 2024

‘Peter Obi will not smell presidency in 2027’ – VeryDarkMan

|

May 22, 2024

‘Igbo ladies not great for marriage’ – Speed Darlington [VIDEO]

|

May 22, 2024

Follow & Earn

If you want to share and earn points pleaseloginfirst