The report provides information on the electricity industry in 2023. The activities covered include power generation, transmission and distribution. The important numbers presented are the macroeconomic aggregates such as Gross Output, Intermediate Consumption, Value Added, Compensation of Employees, Consumption of Fixed Capital and Gross Fixed Capital Formation. These aggregates are combined with similar information on other industries to provide an estimate of Gross Domestic Product, which is a measure of our economy’s size. Information made available in this report will allow us to work out the industry’s contribution to the country’s economy.
Information on the Electricity industry would be useful to a good number of users, for instance the;
1) Energy Planners who needs to advice on the country’s energy needs.
2) Economic Planners who uses the data to forecast the economy’s performance.
3) Investors who wishes to identify opportunities in the Electricity Industry.
