As of September 2023, the price of electricity used in households in Nigeria amounted to around 23 Nigerian naira per kilowatt hour, some 0.016 U.S. dollars. On the other hand, industrial electrical energy was priced at approximately 36 NGN per kilowatt hour, roughly 0.026 U.S. dollars.
Electricity prices in Nigeria as of September 2023, by user group
(in Nigerian naira per kilowatt hour)
Characteristic
Price in Nigerian naira per kilowatt hour
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
The release date is the date the statistic was accessed.
The source specifies: "In the calculations, we use the average annual household electricity consumption and, for business, we use 1,000,000 kWh annual consumption".
Figures have been rounded. Currency conversion rate as of April 01, 2024.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
GPP. (April 1, 2024). Electricity prices in Nigeria as of September 2023, by user group (in Nigerian naira per kilowatt hour) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
GPP. "Electricity prices in Nigeria as of September 2023, by user group (in Nigerian naira per kilowatt hour)." Chart. April 1, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
GPP. (2024). Electricity prices in Nigeria as of September 2023, by user group (in Nigerian naira per kilowatt hour). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
GPP. "Electricity Prices in Nigeria as of September 2023, by User Group (in Nigerian Naira per Kilowatt Hour)." Statista, Statista Inc., 1 Apr 2024, https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
GPP, Electricity prices in Nigeria as of September 2023, 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 July 22, 2024)
Electricity prices in Nigeria as of September 2023, by user group (in Nigerian naira per kilowatt hour) [Graph], GPP, April 1, 2024. [Online]. Available: https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
