Nigeria's electricity revenue has nearly quadrupled since 2015, growing from ₦279 billion to ₦1.07 trillion in 2023

Nigeria’s electricity distribution companies (DISCOs) generated ₦1.07 trillion revenue in 2023 — double 2020's amount and 3.8x that of 2015. From 2015 to 2023, revenue has grown from ₦279b to ₦1.07t, while customer base has increased by over 5m, from 7m to 12.1m.

Source:
National Bureau of Statistics
Period:
2015 - 2023
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Nigeria's per capita electricity production has remained within the range of 120 kWh to 194 kWh since 2000

Nigeria produced approximately 182 kWh of electricity per person in 2023, just enough to run only a 100-watt light bulb for five hours daily. Nigeria's per capita electricity production has fluctuated in the past two decades. In this time, production has remained within the range of 120 kWh to 194 kWh. Here is a visual representation of the country's per capita electricity production since 2000.

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