Power-generating companies in Nigeria have lost a staggering N2.31tn over the last twelve years due to electricity that could have been generated but was left unused as a result of grid and operational constraints.
This is according to fresh data from the Association of Power Generation Companies, the umbrella body for all electricity generation firms in the country, analysed by newsmen.
It said the losses were recorded between 2013 and September 2025.
The figure represents the cumulative value of power that was available for generation but could not be evacuated by the national grid or distributed to end users.