Why Electricity is 'Cheaper' on paper, but costs Nigerians more

Guardian Nigeria

Think electricity is getting cheaper in Nigeria? Think again! While prices on paper might suggest a drop, millions of Nigerians are facing a harsh reality of a dual cost burden, making power more expensive than ever.   Many households and businesses are no longer choosing between the grid and generators; they're paying for both. This means shelling out money for unreliable grid supply, often at rates like 209-225 Naira per kilowatt-hour, and then spending even more to fill the critical supply gap.   So, while official figures might paint a picture of cheap electricity, the reality on the ground is vastly different. A typical Nigerian household, using anywhere from 40,000 to 100,000 Naira worth of electricity, faces escalating costs for generators – even higher with diesel – simply to get power. Nigerians aren't buying "paper electricity"; they're struggling with what's actually available and affordable.   #NigeriaElectricity #DualCostBurden #PowerCrisis

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00:00on paper electricity in nigeria is actually cheaper today than in recent years but for

00:05millions of nigerians it is quite expensive households and businesses no longer choose between

00:12getting electricity from the grid or generators they actually pay for boats i call this dual

00:19cost burden because for customers in band here who pays around 209 kilowatts power to 225 kilowatt

00:26power and they don't even get the desired or the required supply that they are supposed to get

00:33what happens they spend more to fill the supply gap so technically electricity is cheap but in reality

00:41it is not because a typical household in nigeria uses around 40 000 to 100 000 lira and they spend

00:47more to get alternative from generators with petrol even higher than that when it is diesel nigerians

00:54don't get paper electricity they actually get what is available

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