Electricity and power: generation, grid and tariffs
The weakest activity in Q2 2026. Grid output averages about 4,000 megawatts for a country of more than 200 million people.
Electricity and power in numbers
Latest official figures. Shares and growth are in real terms (2019 prices) unless marked nominal.
Growth against the economy
What drives the sector
Gas supply
Most plants run on gas; supply interruptions and unpaid gas bills cut output.
Transmission
The grid cannot always carry what plants can generate.
Liquidity
Distribution companies collect less than the cost of supply, leaving debts across the chain.
Tariffs
Cost-reflective tariffs for Band A customers since 2024; other bands remain below cost.
Regulators and main players
NERC
The Nigerian Electricity Regulatory Commission sets tariffs and licenses operators.
Transmission Company of Nigeria and the system operator
Run the national grid.
Generation and distribution companies
Private operators since the 2013 privatisation.
State regulators
The Electricity Act 2023 lets states regulate their own electricity markets.
What to watch
We do not publish forecasts. These are the signals we follow for this sector.
Monthly NERC data
Generation, available capacity, collections and grid disturbances.
Tariff reviews
Changes to Band A and other bands.
State markets
States taking over regulation under the 2023 Act.
Off-grid solar
Mini-grids and rooftop solar are filling the gap for many firms and homes.
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