Nigeria Loses N30.5bn to Power Plant Grid Failures Between 2022-2024 in Kanji, Jebba

Nigerian power plants in Kanji and Jebba have recorded significant losses of approximately N30.5 billion due to grid failures between 2022 and 2024, primarily caused by equipment collapse.

The Kanji and Jebba power plants have incurred significant losses, totaling approximately N30.5 billion, due to grid failures between 2022 and 2024. The external losses attributed to these failures amount to this substantial figure, highlighting the impact of frequent power outages on Nigeria's energy infrastructure. This financial burden is a testament to the ongoing challenges facing Nigeria's power sector.