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A Review of the Power Sector in Nigeria

This document examines how Nigeria is the largest economy in sub-Saharan Africa with a GDP of approximately USD397 billion (NBS, 2018). Despite being one of the largest oil and gas producing countries in the world, it struggles to provide power to its 198 million population (NPC, 2018). With only 45% electrification rate, the country falls behind Ghana and Kenya who have an electrification rate of 83% and 64.5% respectively. The power sector is plagued with structural issues across its value chain.