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Power supply crisis hits manufacturers' revenue, products fail global test - Vimarsana News

Power supply crisis hits manufacturers' revenue, products fail global test

Nigeria’s industrialists are losing their competitive edge globally as the country’s power supply woes drag down their revenues, OKECHUKWU NNODIM writes

Earnings From Electricity Export Drops By 27% – CBN - Vimarsana News

Earnings From Electricity Export Drops By 27% – CBN

Due to grid failure, Nigeria's energy exports fell by $58.1 million in a single year, according to data from the Central Bank of Nigeria....

Nigeria's earnings from electricity export down 27% – CBN - Vimarsana News

Nigeria's earnings from electricity export down 27% – CBN

Nigeria’s electricity export crashed by $58.1m in one year amid grid collapse, The PUNCH has learnt. Data from the Central Bank of Nigeria showed that the value of Nigeria’s electricity export was $213.66m in 2021 but dropped to $155.56m in 2022. This represents a 27 per cent drop in earnings from crude oil exports. It |

Power Grid Fails 98 Times Under Buhari Despite N1.52tn Bailout - Vimarsana News

Power Grid Fails 98 Times Under Buhari Despite N1.52tn Bailout

Despite the Federal Government investing over N1.51 trillion in the industry since the current administration took office in 2015....