Lagos Residents Spend N5.3tn Annually To Power Generators – Report

A new report has revealed that over 80 per cent of Lagos population and businesses spend N5.3tn every year to power their generators to generate electricity for households and businesses due to the state’s severe energy deficit.

Lagos, Nigeria’s economic hub, faces significant power supply challenges, with demand far exceeding supply, forcing residents and businesses to rely on costly and inefficient off-grid solutions.

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