Nigeria’s power sector shrinks 10.63%, contracts for second straight quarter

NAIRAMETRICS | 01-09-2026 09:20am |

Nigeria's power sector, which includes electricity, gas, steam, and air-conditioning services, has experienced a decline for the second quarter in a row. In the second quarter of 2026, the sector shrank by 10.63% compared to the same period last year. This means that the amount of power and related services being produced and supplied is decreasing, which could impact the country's energy availability and economic growth.

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