Leveraging the power of energy to light up Africa
With an electrification rate of 53% in 2019 against only 34% in 2000, West Africa has made significant progress, but challenges remain, and nearly half the population still lacks electricity.
With an electrification rate of 53% in 2019 against only 34% in 2000, West Africa has made significant progress, but challenges remain, and nearly half the population still lacks electricity.
According to the World Bank latest report, most poor households in Nigeria are not connected to the country’s electricity supply network as only 22 per cent of the poorest of them have access to grid power.
The Minister cited a breakdown of some National Integrated Power Plants supplying electricity to the national grid as being behind the recent power outages.
As the largest economy in Africa, with huge gas reserves and high solar energy potential, Nigeria has all the natural resources necessary to meet the growing demand for electricity. However, the inadequate energy infrastructure still leaves a significant part of the population without power or relying on oil-fired back-up generators.
To promote a constructive conclusion of the dialogue with the Labour Centers (through the Joint Ad-Hoc Committee), I have directed NERC to forestall the implementation of the duly performed minor review (which adjusted tariffs between N2 per kWh and N4 per kWh) until the conclusion of the Joint Ad Hoc Committee’s work at the end of January 2021.
The federal government is in negotiations with the Republic of Chad in an agreement that could see it begin the supply of electricity to the North-Central African country soon.
Germany ranks among the countries with the highest electric supply security in the world.
One of such interventions was in 2005 when the Federal Government set up the Niger Delta Power Holding Company Limited (NDPHC) to fast-track power sector infrastructure development.
The bank expressed worry that about 47 per cent of Nigerians had no access to grid electricity and those who had access faced regular power cuts.
Ikeja Electric Plc (IE), has metered over one hundred and twenty thousand households between 2018 and June 2020. This is in line with its commitment to bridge its metering gap.