Description
Nigeria’s per capita power consumption is now only 151 kWh per year, one of the lowest in the region and globally. The sector is currently inhibited by multiple factors such as value chain losses, limited transmission coverage and supply disruptions as well as theft and corruption (especially in distribution). Based on ongoing projects, the per capita power consumption in Nigeria will only reach 433 kWh per year in 2025. Given the requirements of the economy and the population, there is a critical need to drive higher power availability, and PwC believes a stretch target of 982 kWh per year (6.5 times the current level) by 2025 is realistic.
