Nigeria TV Info 

Blackouts Cost Nigeria N40 Trillion Annually – Report

A recent report reveals that Nigeria loses an estimated N40 trillion every year due to persistent power outages. The study highlights inefficiencies in generation, transmission, and distribution, urging urgent reforms to stabilize electricity supply and boost the economy. Frequent blackouts are crippling businesses, affecting industrial productivity, and increasing the cost of living, while households face constant reliance on generators, adding to environmental pollution and financial burden. Experts call for public-private partnerships and infrastructural investment to reverse the trend.