The industrial sector of what is arguably Africa’s largest economy is a diversified group of producers and outputs. With a wide range of accessible feedstock, from agricultural products to hydrocarbons, along with Africa’s biggest consumer market, the possibilities are substantial. The volume of output is small, however, and Nigeria is forced to import most of what it consumes, including the...
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Chapter | Industry & Retail from The Report: Nigeria 2016
Articles & Analysis | Nigeria's utilities privatisation scheme breaks new ground from The Report: Nigeria 2016
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...
Interviews & Viewpoints | Jay Ireland, CEO, GE Africa: Interview from The Report: Nigeria 2016
Articles & Analysis | Updated legislation in Nigeria leads to pipeline of renewable projects from The Report: Nigeria 2016
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...
Interviews & Viewpoints | Babatunde Fashola, Minister of Power, Works and Housing: Interview from The Report: Nigeria 2016
Articles & Analysis | Unique opportunity for independent power producers in Nigeria from The Report: Nigeria 2016
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,...