Saturday, March 16, 2019

Nigeria facts of the day

From the FT,
Nigeria, a country whose population may this year pass 200m, distributes and consumes about as much electricity as Edinburgh, a city of 500,000... Nigeria’s installed electricity capacity is... around 420kWh a head, or 13GW... Unfortunately, the system can only deliver around 3.7GW to 4GW, or very briefly 5GW on a good day.
And this graphic about government revenues as a share of GDP is stunning.

It is deeply disturbing that government revenues as a share of GDP has mostly declined across the continent over the 2007-17 decade. A reflection of the decline in commodity prices?

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