As of March 2024, the price of electricity used in households in Nigeria amounted to around 23 Nigerian naira per kilowatt hour, some 0.013 U.S. dollars. On the other hand, industrial electrical energy was priced at approximately 36 NGN per kilowatt hour, roughly 0.021 U.S. dollars.
Electricity prices in Nigeria as of March 2024, by user group
(in Nigerian naira per kilowatt hour)
The release date is the date the statistic was accessed.
The source specifies that values were calculated by using the average annual household electricity consumption and, for business, a 1,000,000 kWh annual consumption.Â
Figures have been rounded. Currency conversion rate as of December 2024.
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GPP. (November 27, 2024). Electricity prices in Nigeria as of March 2024, by user group (in Nigerian naira per kilowatt hour) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
GPP. "Electricity prices in Nigeria as of March 2024, by user group (in Nigerian naira per kilowatt hour)." Chart. November 27, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
GPP. (2024). Electricity prices in Nigeria as of March 2024, by user group (in Nigerian naira per kilowatt hour). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
GPP. "Electricity Prices in Nigeria as of March 2024, by User Group (in Nigerian Naira per Kilowatt Hour)." Statista, Statista Inc., 27 Nov 2024, https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
GPP, Electricity prices in Nigeria as of March 2024, by user group (in Nigerian naira per kilowatt hour) Statista, https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/ (last visited December 30, 2024)
Electricity prices in Nigeria as of March 2024, by user group (in Nigerian naira per kilowatt hour) [Graph], GPP, November 27, 2024. [Online]. Available: https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
