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Nigeria, the country with the highest number of people without electricity in the world
- One in ten people without access to electricity
- Nigeria received $1.25 billion in funding from World Bank in two years
The World Bank has released a report throwing light on the state of electricity access in the country; the report has shown that Nigeria overtakes the Republic of Congo as the country with the highest number of people without electricity. The World Bank’s Practice Manager West and Central Africa Energy Ashish Khanna has stated in a report.
While presenting the report in a virtual meeting with journalists, the World Bank noted that Nigeria had received funding of $1.25 billion under the Power Sector Recovery Program. “The World Bank Board approved US$1.25 billion in financing to support the Government in its efforts to reset the power sector”, Khanna noted.
“Nigeria has the largest number of people without access to electricity globally: every one in 10 people without access to electricity now reside in Nigeria”, he added.
Similarly, in a previous report, the World Bank Senior Energy Specialist, Mohammed Wakil, stated that Nigeria losses $29 billion annually to unstable and unreliable electricity supply. He added that, for Nigeria to attain the “Electricity for All” target of 2030, it would have to connect 1 million homes annually to electricity supply.
The report also showed that only 78% of electricity consumers in Nigeria received less than 12 hours of supply daily on the issue of supply. 74% of Nigerians, according to the report, are not satisfied with the electricity supply, and 87% are unaware of ongoing reforms (PSRP) in the power sector. Also, 82% do not know their tariff band classifications.