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...
A shortage of electricity is among Nigeria’s greatest obstacles to growth, with a situation bad enough that residents often referred to the former utility provider, the Power Holding Company of Nigeria (PHCN), as Please Hold a Candle Now. Chronic shortages affect all consumers, due to a legacy of underinvestment in maintenance and new...
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,...
A shortage of electricity is among Nigeria’s greatest obstacles to growth. Chronic shortages affect all consumers, due to a legacy of underinvestment in maintenance and new facilities. The system typically functions at less than half of its installed capacity of around 12,000 MW. Successive administrations have made sector reform a priority, with partial privatisation of the national grid...
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