How big is the Nigeria Power Market?

The Nigeria Power Market size is expected to reach USD 391.69 million in 2024 and grow at a CAGR of 4.28% to reach USD 483 million by 2029. Read More

What is the current Nigeria Power Market size?

In 2024, the Nigeria Power Market size is expected to reach USD 391.69 million. Read More

What years does this Nigeria Power Market cover, and what was the market size in 2023?

In 2023, the Nigeria Power Market size was estimated at USD 374.93 million. The report covers the Nigeria Power Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Nigeria Power Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What opportunities exist in the Nigeria Power Market?

The opportunities that exist in the Nigeria Power Market are a) Renewable energy development, off-grid and mini-grid solutions b) Energy efficiency measures, and attracting investment for infrastructure upgrades c) Market-based electricity exchange systems Read More

Nigeria Power Market Share

Statistics for the 2023 & 2024 Nigeria Power market share, created by Mordor Intelligence™ Industry Reports. Nigeria Power share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Nigeria Power Industry

The Nigerian power market is semi-consolidated. Some of the major companies (in no particular order) include First Independent Power Ltd, Mainstream Energy Solutions Limited, Transcorp Power Limited, Sapele Power PLC (SPP), and The Transmission Company of Nigeria.