Nigeria Overtakes Congo As Worst In Global Access To Electricity - Uju Ayalogu's Blog for News, Reviews, Articles and More

Breaking News

Post Top Ad

Friday, 23 April 2021

Nigeria Overtakes Congo As Worst In Global Access To Electricity

Nigeria has overtaken the Democratic Republic of Congo with the highest number of citizens that lack access to electricity.

World Bank Group officials who made the announcement during a virtual engagement with power reporters in Abuja on the Power Sector Recovery Programme (PSRP), said Nigeria has 25 percent of people without access to electricity.

The international financial agency’s officials revealed that while electrification in the country has been growing at 1.1% yearly since 2010, it has not kept pace with the population growth of 3% yearly. This has increased the deficit by 3 million people to 85m which is 57% of the population.

The group said;

“Nigeria now has the largest number of unelectrified people globally and the trend is worsening; of the electrified, the supply is very unreliable with widespread blackouts.

“Nigeria now has 25% more unelectrified people than the 2nd most unelectrified country (DRC – in absolute terms).”

WBG Practice Manager, West and Central Africa Energy, Ashish Khanna who made the presentation added;

“The power sector is operationally inefficient with unreliable supply exacerbated by high losses and lack of payment discipline.

“Businesses in Nigeria lose about $29 billion annually because of unreliable electricity while Nigerian utilities get paid for only a half of electricity they receive.”

The group also said that its PSRP intervention is helping to change the narrative. It approved $1.25bn between June 2020 and February 2021 to reset the power sector. The bank also said to achieve universal access to electricity by 2030, Nigeria would need to connect over 1 million households yearly while devising means to ensure consumers pay for the electricity consumed.


Are you an artiste? Do you want your music to go viral and reach a large number of audience? Promote your music and Submit your story on UjuAyalogusBlog.com by clicking here. For Advert Inquiries Tel: +44 (0)7590 363 984.

For More, Subscribe To: Uju Ayalogu's Blog Posts via Email.

Subscribe to Our Posts via Email


Share This

No comments:

Post a comment

Listen to This Beautiful New Talent - Winter Wolf - Singing "What a Waste"


Post Bottom Ad

Pages