Nigeria Key Figures
- Population:
- 224 million
- GDP growth rate:
- 2.86 %/year
- Energy independence:
- 100%
Data of the last year available: 2023
- Total consumption/GDP:*
- 79.6 (2005=100)
- CO2 Emissions:
- 0.45 tCO2/capita
- Rate of T&D power losses:
- 15.4%
* at purchasing power parity
View all macro and energy indicators in the Nigeria energy report
Nigeria Energy News
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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 Consumption
Consumption per capita was 0.8 toe in 2022 (more than 40% higher than the average for Sub-Saharan Africa). Electricity consumption per capita is relatively low in comparison to neighbouring countries and reached 120 kWh/hab in 2023 (2.8 times lower than the average for Sub-Saharan Africa).
Since 2012, total consumption has increased at an average of 1.6%/year to 174 Mtoe in 2023.
Interactive Chart Nigeria Total Energy Consumption
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View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Nigeria energy report
Nigeria Crude Oil Production
Oil production rebounded by 6% to 64 Mt in 2023, after declining by 15%/year between 2019 and 2022. 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 (-49% or -5%/year). The output is a quarter lower than Nigeria's OPEC quota for 2023 (87 Mt). In 2023, Nigeria regained its place as the largest African oil producer, surpassing Algeria (61 Mt), Libya (61 Mt), and Angola (59 Mt).
Interactive Chart Nigeria Crude Oil Production
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Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset
Nigeria Oil Products Consumption
Since 2015, oil product consumption has been fluctuating around 20 Mt/year. Previously, it rose by 17%/year between 2009 and 2014.
Transport is the main consuming sector, accounting for 86% of total oil product consumption (77% in 2010), followed by residential and services (8% in 2022, compared to 15% in 2010).
Graph: OIL CONSUMPTION (Mt)
Graph: OIL CONSUMPTION BREAKDOWN BY SECTOR (2023, %)
Interactive Chart Nigeria Refined Oil Products Production
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Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset
Nigeria Natural Gas Consumption
Since 2017, gas consumption has increased by 3%/year, reaching 21 bcm in 2023.
The industry sector absorbed 37% of gas consumption in 2023 (up from 14% in 2010); 34% is used for power generation (48% in 2010) and 29% for the oil and gas sector ("others", 38% in 2010).
Graph: NATURAL GAS CONSUMPTION (bcm)
Graph: GAS CONSUMPTION BREAKDOWN BY SECTOR (2023, %)
Interactive Chart Nigeria Natural Gas Domestic Consumption
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Additionally, for more detailed information on the LNG trade, you can request a sample of our EMEA LNG Trade Dataset
Nigeria Coal Consumption
Coal consumption is marginal (less than 3 Mt in 2023) and is exclusively used in the industry sector.
Graph: COAL CONSUMPTION (Mt)
Graph: COAL CONSUMPTION BREAKDOWN BY SECTOR (2023, %)
Interactive Chart Nigeria Coal and Lignite Domestic Consumption
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View the detailed consumption trends at country level (graphs, tables, analysis) in the Nigeria energy report
Nigeria Power Consumption
Since 2012, electricity demand has increased by 1%/year, reaching 28 TWh in 2023, due to slow economic growth (2.4%/year), compared to 11%/year over 2001-2012 (7.5%/year for GDP).
Graph: ELECTRICITY CONSUMPTION (TWh)
The residential sector absorbs the largest share of electricity consumption (58% in 2023), followed by services (27%) and industry (14%). These market shares have remained roughly stable since 2010.
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 2023), 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.
Interactive Chart Nigeria Share of Renewables in Electricity Production (incl hydro)
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Nigeria CO2 Fuel Combustion/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.