Here we are again reinventing the wheels of governmental agency reform, this time the power sector, while simultaneously taking actions that seem to undermine the reform process – alleged bias in the granting of distribution licenses, capacity shortages and, generally letting the bottom fall out of the quality of power generation and distribution. The government has recently announced the commencement of the review of its “Power Sector Roadmap.”
It is indisputable fact that Nigerian has one of the most problematic electricity sectors in the world, with an estimated installed electricity generation capacity of 8,644 MW, and available capacity of only approximately 3,718 MW, to cater for the needs of a population of over160 million.
By comparison, South Africa, with a population of just 50 million, has an installed electricity generation capacity of over 52,000 MW. On a per capita consumption basis, Nigeria is ranked a distant 178th with 106.21 KWh per head, – well behind Gabon (900.00); Ghana (283.65); Cameroon (176.01); and Kenya (124.68)...
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