Insights and analysis

Electricity supply in Nigeria is in a woeful state

“Power is the single most critical agenda we should address as a nation”, says Tony Elumelu, chairman of Transcorp.

Afrinnovator
Business in Africa

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Of Nigeria’s many daily headaches, power is perhaps the worst. After years in which state-owned power plants decayed, the government changed course by selling power stations and the distribution grids that carry power to homes and businesses. This bold stroke was meant to turn the lights on, and indeed it has encouraged investors to put millions of dollars into upgrading the battered system.

“Power is the single most critical agenda we should address as a nation”, says Tony Elumelu, chairman of Transcorp.

Yet the supply of power has failed to respond as hoped in the two years since privatisation. At the moment the country’s big stations produce a pitiful 2,800MW, which is about as much as is used by Edinburgh. Only just over half of Nigerians have access to electricity, and it is still harder for businesses to hook up to the grid than almost anywhere else.

The Economist.

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