Opinion

Privatisation of the Power Sector: What Went Wrong?, By Odion Omonfoman

The privatisation process was underpinned by very optimistic and unrealistic assumptions and promises by Nigerian Electricity Regulatory Commission (NERC), the Bureau of Public Enterprises (BPE) and policy makers. There were also several promises made to investors during the bid stage to incentivise them. Such unrealistic assumptions and incentives In recent…
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Opinion

Analysing the N701 Billion CBN Guarantee To the Power Sector, By Odion Omonfoman

The PAG is a bold step in the right direction to developing a sustainable liquidity solution for the power sector. The CBN and the Ministry of Power must be commended for putting the intervention in place. However, it does not address some of the fundamental structural challenges in the Recently,…
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Opinion

Show Me the Money: the Nigeria Electricity Supply Conundrum, By Belije Madu

The government of President Muhammadu Buhari is similar to a sprinter required to run the last leg of a relay race, for a Reform process which stared in 2005, with the passing of the ESPR Act, into law. Therefore, it is strongly recommended that the last leg of the race…
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Opinion

Developing A Liquidity Solution For The Nigerian Power Sector (2), By Olayemi Anyanechi

...developing a sustainable liquidity solution for the power sector will have positive domino effect on the quality of lives of Nigerians as a whole: there will be greater investor confidence in the power sector, a more stable power supply, increased output and efficiency in manufacturing towards a more speedy industrialisation…
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Guest Columns

Getting Power Generation Right In Nigeria!, By Odion Omonfoman

Nigeria has 27 on-grid generation stations with a total nameplate/installed generation capacity of 14,380MW. Available installed generation capacity is approximately 7,500MW on an average. However, actual average generation levels hover between 3,800 MW to 4,700MW, with a peak generation of 4,810MW attained in September 2015. The table below shows the…
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