Natural resources & energy How much electricity does Nigeria generate? Source USAID: Power in Nigeria Factsheet Short answer How much electricity does Nigeria generate? Nigeria has large oil, gas, hydro and solar resources, and it has the potential to generate 12,522 MW of electric power from existing plants. On most days, however, it is only able to dispatch around 4,000 MW, which is insufficient for a country of over 195 million people. ... Back Full answer
Natural resources & energy Economy What contribution does the oil sector make to Nigeria’s GDP? Source Nigerian Gross Domestic Product Q4 2020 Report (National Bureau of Statistics) Short answer What contribution does the oil sector make to Nigeria’s GDP? The oil sector contributed 5.8% to Nigeria’s real GDP, which is adjusted for inflation, in the fourth quarter of 2020. ... Back Full answer