Nigeria will lose more revenues from energy exports once Niger Republic starts generating her own electricity, it was gathered at the weekend.

Aside Niger Republic, the country, according to the Federal Ministry of Power, exports electricity valued at between $582 million and $665 million annually to countries such as Togo, Chad, and Benin Republic.

It exports between 350megawatts (Mw) and 400 Mw of electricity daily to those countries, with a view to generating more revenues and meet their energy needs.

Speaking on the side of a stakeholders forum in Lagos, the Technical Director, Consistent Energy Limited, Mr Mohammed Etti, said Nigeria’s export earnings would dip further once Niger Republic starts generating electricity.

He said: “If Nigeria allows Niger Republic to dam River Niger at Fouta Djullion for her own electricity needs, the country would not be able to export electricity to Niger Republic and that would go a long way to reduce Nigeria’s earnings.”

He said the countries which import energy from Nigeria enjoy stable power supply while the country is constantly plunged into darkness.

Nigeria, he said, sells electricity at commercial rates to these other countries, adding that the country is yet to enjoy value proportionate to her efforts.

The Ministry of Power had quoted the Managing Director, Transmission Company of Nigeria(TCN), Mr Usman Mohammed, as saying the country exports 80 per cent of her electricity to other countries in West Africa to improve power supply to the sub-region.

He was quoted to have said the issue is inhibiting the growth of the economy, as well as making it difficult for Nigeria to realise her potentials.

Nigeria generates less than 5,000 Mw despite efforts by the Federal Government to grow the sector.

He said: “If Nigeria allows Niger Republic to dam River Niger at Fouta Djullion for her own electricity needs, the country would not be able to export electricity to Niger Republic and that would go a long way to reduce Nigeria’s earnings.”

Through this project, Niger intends to increase its electricity supply by an additional 130 MW. The Kandadji hydroelectric dam is built on the Niger River, 150 km from Niamey, the country’s capital.

Omihanifa:
Person way never chop belle full dey give another person food to chop

As if Nigeria won't make more than that amount of money if Niger Republic dams the Niger River and Nigeria channels the exported electricity back to its economy.

Omihanifa:
Person way never chop belle full dey give another person food to chop

As if Nigeria won't make more than that amount of money if Niger Republic dams the Niger River and Nigeria channels the exported electricity back to its economy.

Omihanifa:
Person way never chop belle full dey give another person food to chop

As if Nigeria won't make more than that amount of money if Niger Republic dams the Niger River and Nigeria channels the exported electricity back to its economy.

MZrapper:
Ghana is the giant of Africa.

I swear down.

Blue3k:


They're already starting to. You guys are just late to the party. Its dumb of them not to honestly. Even Benin Republic could do it then export any excess they have.

ednut1:
with the current disco structure. It all amounts to waste as people.no go pay. We also have to sell to them to discourage them from having a dam on the same river niger. As he go affect us

Nigeria will lose more revenues from energy exports once Niger Republic starts generating her own electricity, it was gathered at the weekend.

Aside Niger Republic, the country, according to the Federal Ministry of Power, exports electricity valued at between $582 million and $665 million annually to countries such as Togo, Chad, and Benin Republic.

It exports between 350megawatts (Mw) and 400 Mw of electricity daily to those countries, with a view to generating more revenues and meet their energy needs.

Speaking on the side of a stakeholders forum in Lagos, the Technical Director, Consistent Energy Limited, Mr Mohammed Etti, said Nigeria’s export earnings would dip further once Niger Republic starts generating electricity.

He said: “If Nigeria allows Niger Republic to dam River Niger at Fouta Djullion for her own electricity needs, the country would not be able to export electricity to Niger Republic and that would go a long way to reduce Nigeria’s earnings.”

He said the countries which import energy from Nigeria enjoy stable power supply while the country is constantly plunged into darkness.

Nigeria, he said, sells electricity at commercial rates to these other countries, adding that the country is yet to enjoy value proportionate to her efforts.

The Ministry of Power had quoted the Managing Director, Transmission Company of Nigeria(TCN), Mr Usman Mohammed, as saying the country exports 80 per cent of her electricity to other countries in West Africa to improve power supply to the sub-region.

He was quoted to have said the issue is inhibiting the growth of the economy, as well as making it difficult for Nigeria to realise her potentials.

Nigeria generates less than 5,000 Mw despite efforts by the Federal Government to grow the sector.

https://thenationonlineng.net/nigeria-may-lose-niger-republics-665m-yearly-energy-cash/

mansakhalifa:


But I would like to know where 'Fouta Djullion" is. Is that like another spelling or name for Fouta Djallon in the Republic Guinea?

Cos I am utterly confused here.

Quality20:
Nuclear energy would have been good for Niger cos of their hot dry climate and excess uranium stores

ednut1:
with the current disco structure. It all amounts to waste as people.no go pay. We also have to sell to them to discourage them from having a dam on the same river niger. As he go affect us