In Nigeria, power supply blackouts are a ubiquitous experience, with almost everyone having encountered them. The country grapples with a severe energy access deficit, affecting around 85 million Nigerians. Despite the challenges, this energy gap offers a significant opportunity. Rural areas often resort to off-grid solar and battery technologies, funded by entities like the World Bank and African Development Bank through the Rural Electrification Agency of Nigeria. All On, an impact investor, supports numerous Nigerian energy startups in addressing this gap. However, ensuring a stable and consistent electricity supply for those connected to the national power grid remains a pressing need. The frequent blackouts, a pervasive issue, hinder economic recovery and stability. Tackling power supply challenges is paramount for a thriving economy in Nigeria, making it crucial to address the root causes of these disruptions.
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