Electricity supply
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The Minister said that the Shiroro-Kaduna-Mando line, which had been out of service since a vandalism incident in October 2024, had caused immeasurable loss to the nation. He pointed to this as a major reason for the frequent collapse of the national grid. “The Kaduna-Shiroro-Mando line was one of the two major lines transmitting power…
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Energy bills are to rise again next year, according to a respected forecaster. Costs from January to March are projected to rise another 1% to £1,736 a year for the average user, according to research firm Cornwall Insight. The energy price cap, which sets a limit on how much companies can charge per unit of electricity,…
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Nigeria loses an estimated $26 billion yearly to power failures. This is according to the latest Africa Trade Barometer report which said the cost excludes spending on off-grid generators. “Economic losses arising from Nigeria’s electricity shortages are estimated to be USD 26 billion annually, without accounting for spending on fuel for off-grid generators, which is…
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