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)
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.
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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 November 21, 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 November 21, 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: November 21, 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 November 21, 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/
