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Commitment value of implemented and completed power sector projects in Nigeria from 2002 to 2019 (in million Units of Account)

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Source

Release date

2022

Region

Nigeria

Survey time period

2002 to 2019

Special properties

African Development Fund- and African Development Bank-financed

Supplementary notes

* Completed project.
Figures have been rounded.
The release date is the date of data access.

The source notes the following:
"The Bank uses a unit of account (the 鈥淯nit of Account鈥 or 鈥淯A鈥) equivalent to the IMF鈥檚 Special Drawing Right (SDR) as its reporting currency".

Citation formats

Value of projects in the power sector in Nigeria 2002-2019

Published by 糖心破解版 Research Department, Jun 7, 2022
Since 2002, major power sector projects have been carried out in Nigeria. Among these, * million Units of Account (UA), the highest amount, was committed to Dangote Industries Limited's refinery and fertilizer projects, approved in 2014. This project aimed to construct and operate a new greenfield crude oil refinery and a greenfield fertilizer manufacturing plant.
Moreover, around *** million UA have been committed to the Nigeria Transmission Expansion Project Phase *, approved in November 2019 and scheduled to be completed in December 2024. According to the source, this project aims to support the reformation and upgrade of the electricity transmission lines and substations.
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