The Federal Government is projecting nearly $1bn (about N1.49tn) in annual revenue from electricity exports to 15 West African Countries under the Economic Community of West African States sub-region from June 2026.
The earnings are based on what a full 600 megawatts export capacity is capable of generating at the prevailing regional tariff, as Nigeria pushes toward full participation in the West African power market following a landmark grid synchronisation exercise carried out this month.
The Minister of Power, Chief Adebayo Adelabu, hinted at the new revenue stream at a press conference on Wednesday in Abuja, where he announced that Nigeria successfully conducted a grid synchronisation test with 15 West African countries for four hours on November 8, 2025.