Back to today’s briefing

Story perspectives

Nigeria's 130 Million in Poverty: Energy Crisis Stifles Growth

6/3/2025

47 10

Summary

Story summary

Nigeria grapples with staggering non-consumption challenges, as over 130 million citizens live in multidimensional poverty. With per capita electricity usage at a mere 1,700 kWh—far below the global average—the economy struggles, with micro-enterprises operating at just 12% efficiency. Tackling these obstacles could unlock vital growth and pave the way for poverty alleviation.

1 of 1

Story summary

Nigeria grapples with staggering non-consumption challenges, as over 130 million citizens live in multidimensional poverty. With per capita electricity usage at a mere 1,700 kWh—far below the global average—the economy struggles, with micro-enterprises operating at just 12% efficiency. Tackling these obstacles could unlock vital growth and pave the way for poverty alleviation.