As of March 2024, the price of electricity used in households in Nigeria amounted to around 51 Nigerian naira per kilowatt hour, some 0.03 U.S. dollars. On the other hand, industrial electrical energy was priced at approximately 67 NGN per kilowatt hour, roughly 0.04 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
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GPP. (January 9, 2025). Electricity prices in Nigeria as of March 2024, by user group (in Nigerian naira per kilowatt hour) [Graph]. In Statista. Retrieved January 09, 2025, 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. January 9, 2025. Statista. Accessed January 09, 2025. https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
GPP. (2025). Electricity prices in Nigeria as of March 2024, by user group (in Nigerian naira per kilowatt hour). Statista. Statista Inc.. Accessed: January 09, 2025. 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., 9 Jan 2025, 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 January 09, 2025)
Electricity prices in Nigeria as of March 2024, by user group (in Nigerian naira per kilowatt hour) [Graph], GPP, January 9, 2025. [Online]. Available: https://www.statista.com/statistics/1305909/electricity-prices-in-nigeria-by-user-group/
