Despite significant investments in Nigeria’s power sector and its privatization in 2013, the country continues to grapple with frequent power outages. The national grid has only seen a modest increase in generation capacity, leaving many businesses and households reliant on expensive diesel generators. This situation has led to criticism and frustration among Nigerians, who have long awaited a resolution to the chronic power shortages.
Key Points:
- Since the privatization of Nigeria’s power sector in 2013, the national grid has recorded an additional 1,426 megawatts of capacity, falling short of expectations.
- Many businesses, including hospitality ventures, rely on multiple diesel generators to sustain operations due to persistent power outages.
- Nigeria’s transmission capacity has increased by 20% in the last eight years, but the population has grown by 57%, creating a gap between supply and demand.
- Gas availability and pricing, metering, and delayed payments are among the challenges facing the electricity sector.
- While Nigeria continues to grapple with power issues, other African countries like Ghana, Kenya, Tunisia, and Algeria have made significant strides in achieving stable and accessible electricity supply.
Analysis: Nigeria’s struggle with providing consistent and reliable electricity underscores the challenges faced in the country’s power sector. Despite investments and privatization efforts, the gap between supply and demand remains significant. The reliance on diesel generators imposes additional costs on businesses and households. Comparatively, other African nations have made commendable progress in their energy sectors, achieving high rates of electricity access and incorporating renewable energy sources. Nigeria may benefit from studying the successes of its African counterparts in pursuit of a more robust and reliable power infrastructure.