Nigeria losing $29bn annually due to lack of electricity – Adesina

Adesina said that it amounted to a 5.8 per cent loss in the nation’s Gross Domestic Product (GDP).

He made this known during his lecture on “Building a global Nigeria” to mark the 90th birthday anniversary of retired Gen. Yakubu Gowon in Abuja.

He said that the major challenge facing Nigeria’s manufacturing industries was the high cost and unreliability of electricity supply.