Nigerians spent N16 trillion on fuel, diesel, generators in 2023 - FG The Federal Government disclosed that in the year 2023 alone, Nigerians collectively spent an astounding N16 trillion on purchasing fuel, diesel, and generators to meet their electricity needs. Furthermore, it was revealed that within the formal power sector, which encompasses electricity generation, transmission, and distribution entities, a total revenue of N1 trillion was generated last year. This impressive figure stands in stark contrast to the substantial N16 trillion expenditure by consumers in the informal power sector. The Minister of Power, Adebayo...