Nigeria's Power Sector Contracts 10.63% in Q2 2026
According to the National Bureau of Statistics, Nigeria's electricity, gas, steam, and air-conditioning supply sector experienced a contraction of 10.63% year on year in real terms during the second quarter of 2026. This decline follows an even steeper contraction of 15.30% recorded in the first quarter of the same year.
The continued downturn in the power sector occurs despite the overall economy showing stronger growth, indicating a troubling trend for the electricity and gas supply industry. The data reflects ongoing challenges within the sector, which has now faced two consecutive quarters of decline, raising concerns about the sustainability and reliability of power supply in Nigeria.
Plus234Feed summary based on reporting from The Will. Read the original report below.
Read full article
Continue on The Will
Enjoy this article?
Get the weekly Nigerian roundup — top stories, NPFL, naira. One email, Sunday morning.
Related Stories
Nigeria's GDP Grows 4.43% in Q2 2026, Highest in 5 Years
Nigeria's GDP Grows 4.43% in Q2 2026 Amid Oil Surge
Nigeria's Q2 GDP Grows 4.43%, Fastest in 5 Years
Nigeria's Economy Grows 4.43% in Q2 2026
Nigeria's GDP Grows 4.43% in Q2 2026 Driven by Services
Nigeria's economy hits 4.43% growth in Q2 2026, advancing toward $1trn goal
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
