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Electricity consumption up, production growth down in Q4 - CBN report

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submitted 9 months ago by uzong

Electricity consumption up, production growth down in Q4 - CBN report

submitted 9 months ago by uzong

Electricity consumption up, production growth down in Q4 - CBN report
  • In the fourth quarter of 2024, the Nigerian electricity sector slowed down, with electricity production decreasing by 1.64% compared to the previous year.
  • However, there was a slight increase in both electricity generation and consumption, with the economy experiencing growth in various sectors like agriculture, manufacturing, and telecommunications.
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