Renewable energy has long been a core part of the electricity mix in Nigeria, with its three hydroelectric dams contributing around 20% of power supply. However, with the passing of a new national renewable energy policy, including targets and feed-in tariffs for various forms of renewables, the country hopes to take an even bigger step. The...
Having now sold off most of its electricity assets, the Nigerian government is not expected to be the primary builder of power plants in the future, and may not even build any at all. The country instead views its role as creating a facilitative environment for independent power producers (IPPs). While Nigeria has existing IPPs, the 459-MW,...
There is a quiet revolution under way in Nigeria’s energy sector. As part of a broader push to boost local participation in the energy industry, a range of indigenous companies, such as Shoreline Energy, Frontier Oil and Transcorp, have emerged over the past decade, increasingly gaining access to a modest share of the upstream segment and...
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