Nigeria is poised to earn almost $1bn (about N1.49tn) annually from electricity exports to 15 West African nations under the Economic Community of West African States (ECOWAS) power pool beginning June 2026, the Federal Government has revealed.
The projected earnings are based on the full utilisation of a 600-megawatt export capacity at the prevailing regional tariff, marking a major shift toward Nigeria’s deeper participation in the West African Power Market.
Minister of Power, Chief Adebayo Adelabu, disclosed this on Wednesday during a press conference in Abuja. He stated that the development follows a landmark grid synchronisation exercise carried out earlier this month.
Adelabu explained that Nigeria successfully completed a four-hour grid synchronisation test with 15 ECOWAS member states on November 8, 2025—an achievement he described as a historic milestone in regional energy integration.
According to him, the test demonstrated that Nigeria’s national grid is now compatible with the West African regional grid, clearing a major technical hurdle that had prevented the country from fully participating in cross-border power trading.
“This initiative will not only strengthen Nigeria’s position as a dominant energy supplier in the region but will also open a new revenue stream capable of boosting our foreign exchange earnings significantly,” the minister said.
He added that the country is already working to stabilise local generation, transmission, and distribution infrastructure to support both domestic supply and export commitments.
Adelabu emphasised that the revenue expected from electricity exports would enhance investments in the nation’s power sector, funding rehabilitation, expansion projects, and improved grid reliability.
The Federal Government expressed optimism that with continued reforms and regional cooperation, Nigeria could become the hub of electricity supply across West Africa—deepening economic ties and strengthening energy security in the sub-region.
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