26/08/2026
Here are key findings from the 2024 Lagos Diesel/Petrol Genset Study, a collaborative initiative between SEforALL and the Lagos State Government.
Lagos households currently run 4.5 million fossil fuel generators, generating an estimated 8.8 GW of capacity and consuming roughly 9 billion litres of fuel annually. The price tag for keeping those home generators running? A staggering ₦1.43 trillion each year.
Across commercial sectors, businesses (MSMEs) in Lagos account for an estimated generator capacity of 10.4 GW. Across households, commercial entities, and markets, these generators release roughly 39 million metric tons of CO2 equivalent (tCO2e) per year.
At Vista Advisory Partners, we view these figures as far beyond simple statistics. They point directly to a massive market opportunity for clean, reliable, and sustainable power alternatives across Nigeria.
Shifting away from costly fossil fuel dependency is no longer just an environmental vision, it is an economic priority.
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