Rivers state has been listed as one of the states in Nigeria that can build over 100 km of transmission according to a recent report by the Energy Market and Rates Consultants (EMRC), published on July 27, 2023.
EMRC in the report listed Lagos, Ogun, Delta and FCT as the four other states.
According to the report, $1.58 billion (N750 to a dollar), which was 63% of the entire internally generated revenue (IGR) by states in 2021, was generated by only five states.
The report stated further that while there is now a constitutional amendment allowing states to participate in the electricity sector, transmission is a very expensive aspect of the value chain and only the highlighted states can afford to build over 100 km of electricity transmission lines