Nigeria’s power grid is 69.9% powered by thermal plants

Key Takeaways

  • Thermal energy dominates Nigeria’s grid, supplying 69.9% of total power.
  • Hydro plants contribute 30.1%, making them the country’s second major source.
  • The heavy reliance on thermal generation shows Nigeria’s grid is still largely fossil-fuel driven.
  • Hydro remains a crucial but secondary source, supporting overall supply stability.

Nigeria’s electricity generation is mainly thermal, accounting for 69.9% of total supply, reflecting the country’s dependence on fossil-fuel-based plants for grid stability. Hydro power contributes 30.1%, providing an important complementary source that supports national generation levels. Together, both sources shape Nigeria’s power mix.

Source:

Nigeria Electricity Regulatory Commission (NERC)

Period:

H1 2025
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Nigeria's insurance sector crossed ₦1.98tn in H1 2025 as every segment grew by at least 25%
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  • Miscellaneous, the smallest segment, posted the biggest growth at 86.7%, suggesting new and unconventional insurance products are gaining serious traction.
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Nigeria’s crude oil export value surges over 400% from 2020 to a record ₦55.3tn in 2024
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  • 2015 and 2016 were the hardest years, with export values crashing as low as ₦6.8 trillion in 2015, reflecting the brutal impact of the global oil price collapse on Nigeria's most critical export.
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The national grid collapses an average of 7 times annually under Tinubu, down from 13 times under Buhari
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  • 2016 recorded the highest number of collapses during the Buhari administration, with 28 incidents.
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Local companies have consistently contributed most of Nigeria’s Company Income Tax payments since 2016
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  • Foreign companies briefly closed the gap in 2023, contributing 49%, the closest they have come to matching local firms.p
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