Nigeria is a West African country with one of the fastest growing population and oil based economy in Africa. But this great affluence does not go on well with the power sector.
Is no longer a news that, the Nigerian energy supply crisis refers to the the ongoing failure of the Nigerian power sector to provide adequate electricity supply to domesticated House hold and industrial producers despite rapidly growing economy. Some of world largest deposit of coal, oil, currently only 40% of Nigerians population is connected to the energy grid, while power supply difficulties are experienced around 60% of the time . At best average daily Power supply is estimated at four hours although several days can go by without power at all. Citizens has to battle With the extremely hot weather condition with their locally made hand fan, made from either a piece of broken plastic , with some even rotating their clothes in the air to get fresh air, or a proper hand fan. When the lights finally appears like a dream of the night you will hear people dancing and the children in exclamation up NEPA.
This is not the picture of what I think a government that has the biggest oil economy should look like, then we say GAINT OF AFRICA. With this are we really the GAINT OF AFRICA ? Why are the mighty falling?
Power supply difficulties cripple the agricultural, industrial and mining sector and is an impedement to Nigeria ongoing economic development. The energy supply crisis stem from variety of issues and has been on for decades. Most Nigerian business and house hold that can afford to do so run model diesel fueled generator to supplement the intermittent supply.
Since 2005, Nigeria power reforms have focused on privatizing the generator and distribution assets and encouraging private sectors. The government to control transmission asset whilst making modest progress in creating a regulatory environment attractive to foriegn investors . Minor increase in average daily Power sector reform of 2005. Power supply has been the sole responsibility of the federal government of Nigeria. As of 2012, Nigeria generated approximately 4000-5000 mega watts of power to 150million population compared with South Africa which is Africa largest economy generated 40000 megawatts to a population of 62 million estimated 14 – 20 gigawatt of power is provided by private generator to make-up for short fall.
Nigeria has a theoretical capacity of more than 10,000 megawatts generating. But has never close potentials.
Brife history of Nigerian Power Sector.
1886 :The first two Power generator was limited was established in the colony of Lagos.
1951 : Acts of parliament established the electricity Co-operation of Nigeria.
1962: The Nigerian Dam Authority (NDA) was established for the development of hydro- electrical power station.
1972: Merger of ECN and NDA to create the National Electrical power Authority.
2005: following reform, the NEPA was renamed power holding company of Nigeria.
November 2005: The Nigerian Electricity Regulatory Commission (NERC) inaugurated and charged with responsibility of tariff regulations and monitoring of the of the service of PHCN
February 1,2015: The transmissional Electricity market (TEM) was announced.
Yet there’s still no positive progress in the power sector.