Nigeria to lose $665mn yearly as Niger Republic generates its own electricity

- Nigeria is set to lose more revenues from energy exports as Niger Republic starts generating her own electricity

- Nigeria exports between 350megawatts (Mw) and 400 Mw of electricity daily to four countries including Niger Republic

- Nigeria generates less than 5,000 Mw despite efforts by the federal government to grow the sector

Nigeria is set to lose more revenues from energy exports once its neighbour, Niger Republic starts generating her own electricity

Aside Niger Republic, Nigeria exports electricity valued at between $582 million and $665 million annually to countries such as Togo, Chad, and Benin Republic.

It exports between 350megawatts (Mw) and 400 Mw of electricity daily to those countries, with a view to generating more revenues and meet their energy needs.