A report by Standard Bank Group on Saturday revealed that Nigeria loses $26 billion annually to power outages. The bank disclosed this in its latest Africa Trade Barometer report. It, however, added that the cost excludes spending on off-grid generators. Standard Bank pointed out businesses in Nigeria spend $22 billion annually on fuel to power [...]The post Report reveals Nigeria loses $26 billion yearly to power shortages appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
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