Nigeria currently generates about 3,879MW of electricity in a country with a population of about 177million compared to South Africa’s 45,645MW with a population of 54million. It has been a couple of years since the national power utility was unbundled and partly privatised, but the gap to be filled is still huge and continues to grow with the country’s increasing population. This is despite an abundant availability of energy resources in the form of coal, oil, gas, hydro and other renewable sources, most of which remain under-exploited as a result of low investments, limited institutional capacity, limited technical capabilities, and emerging regulatory frameworks.

Nigeria remains at the centre of Sub Saharan Africa’s growth story. With a population of over 179 million and an estimated GDP of over US$887 billion in 2021, the country has abundant natural resources including one of the largest natural gas and crude oil reserves in Africa, over 300,000 square kilometres of arable land, and significant deposits of largely untapped minerals. Strong demographic growth with an improving age mix, increased technological innovation, and fast urbanisation also continue to shape the future of Nigeria.

Before nko?

duro4chang:
Before nko?

nawa ooo