News Industry

Dangote Generates a Third of Nigeria’s Power... Calls It a Failure

Dangote Generates a Third of Nigeria’s Power... Calls It a Failure
Monday, 21 July 2025 08:21

• Dangote Group generates over 1,500 MW, a third of Nigeria’s available power.
• Dangote says Nigeria should generate 50,000-60,000 MW, citing systemic failures.
• He urges local investment in energy, blaming capital flight for power deficits.

Dangote Group generates over 1,500 megawatts (MW) of electricity for its industrial operations. This amount represents roughly one-third of Nigeria’s effectively available capacity, estimated at between 4,500 and 5,000 MW. Rather than viewing this as a personal triumph, Aliko Dangote describes this imbalance as a symptom of a troubling structural deficiency within the country's power sector.

Nigeria’s installed electricity capacity is approximately 13,000 MW, yet only 4,500 to 5,000 MW are operationally available. During a visit to his Lagos refinery on Thursday, July 17, Dangote stated, "We as a company alone are producing, group-wide for our own consumption, over 1,500 MW. So, Nigeria should not be three times what we are producing as a country." The industrialist believes the country should be generating between 50,000 and 60,000 MW, figures consistent with an economy of Nigeria's size.

In Nigeria, the government has lost control over power generation, leading large private conglomerates to establish their own independent power sources. For Dangote, this demonstrates that the primary obstacles are neither technological nor financial. He asserted, "What we have actually done here is much more difficult than making Nigeria 25,000 or 30,000 megawatts of power, with transmission and distribution."

He also urged Nigerian investors to reinvest their capital in strategic energy projects locally rather than sending it abroad. Dangote reminded them that the domestic electricity sector is now privatized and no longer exclusively controlled by the state. He believes capital flight, coupled with the absence of a supportive environment, impedes the development of a robust national energy supply.

Dangote lamented, "There’s nowhere that you will say that there’s no corruption. There are lots of countries that have more corruption than we do, but they are growing. Our biggest problem and challenge is that people who have stolen money have taken the money abroad."

Olivier de Souza

On the same topic
• Lifezone Metals will invest $942M in Tanzania’s Kabanga nickel project over 18 years.• Project targets $14.1B revenue with a 4.5-year...
• Dangote Group generates over 1,500 MW, a third of Nigeria’s available power.• Dangote says Nigeria should generate 50,000-60,000 MW, citing systemic...
Highlights: • Egypt targets 42% renewable energy share by 2030.• POWERCHINA to build 130-km high-voltage line signed on June 25.• National grid expansion...
• Octavia Carbon captures CO₂ directly from the air using geothermal energy in Kenya’s Rift Valley.• The company plans to scale up from 10 tonnes to 1,000...
Most Read
01

Flutterwave gained a BCEAO license to operate in Senegal, expanding to 35 African countries. ...

Flutterwave Gains Senegal License, Eyes Growth in $1.5T African Payments Market
02

In Africa, the private sector is widely seen as the main engine of industrialization and plays a cen...

West Africa has tools to build strong industry, says IFC’s Olivier Buyoya
03

 President Paul Biya, 92, to seek eighth term in October 2025 election In power since 19...

Cameroon: Paul Biya Officially Enters Presidential Race for Eighth Term
04

Highlights: • New 1% US tax on outbound remittances to take effect January 1, 2026• Africa received...

US Remittance Tax Could Weigh Heavily on African Economies
05

The former Nigerian president has passed away. A feared military figure and controversial head of st...

Muhammadu Buhari: ‘Baba Go Slow’ and a Legacy of Contrasts
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.