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Nigeria Key Figures

Population:
234 million
GDP growth rate:
3.43 %/year
Energy independence:
100%

Data of the last year available: 2024

Total consumption/GDP:*
73.0 (2005=100)
CO2 Emissions:
0.41 tCO2/capita
Rate of T&D power losses:
16.2%

* at purchasing power parity

View all macro and energy indicators in the Nigeria energy report

Nigeria Energy Research

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

A data overview is available in the global energy statistics app

Nigeria Total Energy Production & Consumption

Consumption per capita was 0.8 3 toe in 2022 (more thanabout 40% higher lower than the average for Sub-Saharan Africa). Electricity consumption per capita is relatively low in comparison to neighbouring countries and reached 120 140 kWh/hab in  2023 2024 (2.8 4 times lower than the average for Sub-Saharan Africa).

Since 2012After reaching a peak at 73  Mtoe in 2021, total consumption has increased decreased at an average of 1.62%/year to 174 543.8 Mtoe in 20232024.

Source: Nigeria energy report

Interactive Chart Nigeria Total Energy Production & Consumption

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Nigeria energy report

Nigeria Oil Production & Consumption

Since 2023, Ooil production has rebounded by 6.5% year, reaching to 64 68  Mt in  20232024, after declining by 1516%/year between 2019 and 2022 an d a growingth by 5%/year from 2016 to 2020. It declined before by 30% from 2005 to 2016, However, over the last decades, oil production has been on a declining trend due to falling investments, unplanned outages due to aging infrastructure and poor maintenance, crude oil theft, and pipeline sabotage. Since 2010, it has halved (-4946% or -54%/year). The output is a quarter9% lower than Nigeria's OPEC quota for 2023 2024 (87 75  Mt).

Source: Nigeria energy report

Interactive Chart Nigeria Crude Oil Production & Consumption

Source: Global Energy & CO2 data

Interactive Chart Nigeria Refined Oil Products Production & Consumption

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset

Nigeria Natural Gas Production & Consumption

Since 2017, gas consumption has increased by 3%/year, reaching 21  bcm in 20232024.

The industry oil & gas sector ("other") absorbed 37% of gas consumption in 2023 2024 (up from 14% instable compared 2010); 3435% is used for power generation (48% in 2010) and 2928% for the oil and gas sectorthe industry ("others", 3814% in 2010).

Graph: NATURAL GAS CONSUMPTION (bcm)

Graph: GAS CONSUMPTION BREAKDOWN BY SECTOR (20232024, %)

Source: Nigeria energy report

Interactive Chart Nigeria Gas Production & Consumption

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on the LNG trade, you can request a sample of our EMEA LNG Trade Dataset

Nigeria Coal and Lignite Production & Consumption

Coal consumption is marginal (less than 3 2  Mt in 20232024) and is exclusively used in the industry sector.

Graph: COAL CONSUMPTION (Mt)

Graph: COAL CONSUMPTION BREAKDOWN BY SECTOR (20232024, %)

Source: Nigeria energy report

Interactive Chart Nigeria Coal and Lignite Production & Consumption

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed consumption trends at country level (graphs, tables, analysis) in the Nigeria energy report

Nigeria Power Production & Consumption

Since 2012, eElectricity consumption demand has deincreased by 3% in 2024 to 33  TWh, after 2 years of rapid growth (10%/year from 2021 to 2023) and a moderate progression between 2013 and 2021 1(2.3%/year), reaching 28 33 TWh in 20232024, due to slow economic growth (2.4%/year), compared to 11%/year over 2001-2012 (7.5%/year for GDP).

Graph: ELECTRICITY CONSUMPTION (TWh)

Source: Nigeria energy report

Interactive Chart Nigeria Power Production & Consumption

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed consumption trends at country level (graphs, tables, analysis) in the Nigeria energy report

Nigeria Renewable in % Electricity Production

In the ETP (2022), renewables are expected to account for 40% of capacity in  2030, totalling 17  GW (2.8  GW in 20232024), and 96% in 2050 with 248  GW. The power sector should reach carbon neutrality by 2050.

The National Renewable Energy and Energy Efficiency Policy (2022) includes a "30:30:30" scheme that plans to add 30  GW of power capacity by 2030, with renewables contributing 30% of the country's energy mix.

Source: Nigeria energy report

Interactive Chart Nigeria Share of Renewables in Electricity Production (incl hydro)

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Nigeria GHG emissions and CO2 emissions

The updated NDC (2021) set an unconditional GHG emission reduction target of 20% below a BAU scenario by 2030 and a conditional target with international support up to 47% (i.e. a level of 244  MtCO2eq for the conditional target compared to a BAU level of 453  MtCO2eq). In addition, Nigeria pledged to reach net-zero emissions by 2060.

Source: Nigeria energy report

Interactive Chart Nigeria CO2 emissions

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed consumption trends at country level (graphs, tables, analysis) in the Nigeria energy report