Government Eye N1.49tn Electricity Export Money

Federal Government dey project say e fit make nearly $1bn (about N1.49tn) every year from electricity export go 15 West African countries under ECOWAS from June 2026. Di revenue based on full 600MW export capacity wey fit generate money at di prevailing regional tariff, as Nigeria dey push make e full participate for West African power market after one historic grid synchronisation exercise wey happen dis month. Minister of Power, Chief Adebayo Adelabu, talk say Nigeria successfully carry out di grid synchronisation test with 15 West African countries for four hours on November 8, 2025, wey make Nigeria fit take strategic role as regional power hub under West African Power Pool. Power flow go seamlessly across national borders during di test, and government dey plan permanent synchronisation by June 2026. Nigeria dey currently allocate 600MW for bilateral power trade, and NERC data show Nigeria still get cheapest electricity tariffs for West Africa, about $0.07 per kWh, compared to $0.19 per kWh for other countries. Di 600MW export fit generate roughly $998.6m annually if full allocation dey delivered.

Minister Adelabu reassure say domestic supply no go suffer as Nigeria dey export power. E add say di synchronisation go make grid stable, improve hospitals, water supply, transport, digital infrastructure and public institutions. Transmission capacity don rise to 8,500MW, even though actual generation dey around 5,000MW. NISO Managing Director Abdul Mohammed call di synchronisation more than technical achievement, while NISO Executive Director Nafisatu Ali say 60% of Nigeria Gencos don adopt Free Governor Control system, boosting readiness for cross-border trade. FGC dey make generators respond automatically to grid frequency changes, reduce instability, and increase investor confidence. Government talk say di system fit maintain stability even if generator trip for another country, and dem dey target 100% compliance for stronger, reliable electricity market.