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The manufacturing sector leads Nigerian MSME revenues with ₦8.27 million monthly, far outpacing service sectors
  • Manufacturing records the highest monthly revenue at ₦8.27m, nearly double that of the next sector.
  • Healthcare (₦5.02m) and Transportation (₦3.70m) follow, reflecting essential service demand.
  • Industries like Marketing & Advertising (₦191k), Food & Beverages (₦320k), and Education (₦440k) earn significantly less on average.
  • The difference between top earners (Manufacturing, Healthcare) and bottom sectors highlights a stark inequality in industry.

Over 54% of Nigeria's electricity consumers still remain unmetered
Nigeria has made strides in metering electricity customers, but progress is slow, with nearly 7.1 million unmetered customers as of June 2024. Despite customer numbers doubling from 6.5m to 13m (June 2015-2024) and a 95.4% rise in metered customers, the percentage of unmetered customers increased to 54.4%. Metering must outpace customer growth to end estimated billing.


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