Investment in energy with private participation in Nigeria
Nigeria: Investment in energy with private participation was 20.00 million current US$ in 2024. ◆ Volatile
Investment in energy with private participation in Nigeria, 2001–2024
Source: Private Participation in Infrastructure Project Database, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for investment in energy with private participation in Nigeria is 20.00 million current US$, measured in 2024. That is the lowest value across all 12 years on record.
The figure is down 69.0% on the previous year and down 95.1% over ten years.
Over the whole period, investment in energy with private participation in Nigeria peaked at 2.60 billion current US$ in 2020 and was at its lowest, 20.00 million current US$, in 2024.
Nigeria ranks 59th of 70 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Investment in energy with private participation in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 2001 | 295.00 million current US$ | — |
| 2002 | 462.00 million current US$ | +56.6% |
| 2003 | 34.00 million current US$ | -92.6% |
| 2005 | 385.50 million current US$ | +1033.8% |
| 2007 | 280.00 million current US$ | -27.4% |
| 2013 | 407.30 million current US$ | +45.5% |
| 2015 | 880.00 million current US$ | +116.1% |
| 2017 | 70.00 million current US$ | -92.0% |
| 2020 | 2.60 billion current US$ | +3614.3% |
| 2021 | 40.00 million current US$ | -98.5% |
| 2023 | 64.50 million current US$ | +61.3% |
| 2024 | 20.00 million current US$ | -69.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 291.30 million current US$ | 34.00 million current US$ | 462.00 million current US$ | 5 |
| 2010s | 452.43 million current US$ | 70.00 million current US$ | 880.00 million current US$ | 3 |
| 2020s | 681.12 million current US$ | 20.00 million current US$ | 2.60 billion current US$ | 4 |
Countries ranked near Nigeria
More energy & mining data for Nigeria
- Fuel imports 38.0% (2024)
- Ores and metals imports 1.1% (2024)
- Ores and metals exports 1.2% (2024)
- Gas production 507.74 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 2,138 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 507.74 terawatt-hours (2025)
- Gas production per person 2,138 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Gas production, per capita 0 terawatt-hours per person (2025)
Frequently asked questions
- What is investment in energy with private participation in Nigeria?
- Investment in energy with private participation in Nigeria was 20.00 million current US$ in 2024, according to Private Participation in Infrastructure Project Database, World Bank (WB).
- What is the highest investment in energy with private participation recorded in Nigeria?
- The highest recorded value was 2.60 billion current US$ in 2020.
- What is the lowest investment in energy with private participation recorded in Nigeria?
- The lowest recorded value was 20.00 million current US$ in 2024.
- How does Nigeria rank for investment in energy with private participation?
- Nigeria ranks 59th out of 70 countries with data for 2024.
- Is investment in energy with private participation rising or falling in Nigeria?
- Over the last ten years it is down 95.1%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Private Participation in Infrastructure Project Database, World Bank (WB), published as part of Investment in energy with private participation (current US$). Statizoid updates them automatically from the source API.
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About this data
The Private Participation in Infrastructure (PPI) Database records contractual arrangements for public infrastructure projects in low- and middle-income countries (as classified by the World Bank) that have reached financial closure, in which private parties assume operating risk. Investment in energy projects with private participation refers to commitments to infrastructure projects in energy (electricity and natural gas: generation, transmission and distribution) that have reached financial closure and directly or indirectly serve the public. The types of projects included are management and lease contracts, brownfield projects, greenfield projects (in which a private entity or a public-private joint venture builds and operates a new facility), and divestitures. Investments are classified as one of two types: (1) Investments in physical assets: resources the project company commits to invest in expanding and modernizing facilities and (2) payments to the government: to acquire state-owned enterprises or rights to provide services in a specific area or to use radio spectrum. Data is presented based on investment year. Data are in current U.S. dollars.