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Author Topic: NIGERIA AND ELECTRICITY  (Read 1928 times)

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Offline El Jay

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« on: May 09, 2014, 05:11:16 PM »

The power holding of Nigeria, which is formerly known as NEPA.Its an organization governing the use of electricity in Nigeria.
The history of electricity development in Nigeria can be traced back to the end of the 19th century when the first generating power plant was installed in the city of lagos in 1898.

NEPA from 1989, has since gained another status-that of quasi-commercialisation.The thought generating capacity of the six major power stations is 3,450 megawatts.

Nigeria's power sector has high energy losses (30 - 35 % from generation to billing), a low collection rate (75 - 80 %) and low access to electricity by the population (36 %). There is insufficient cash generation because of these inefficiencies and NEPA is consequently reliant on fuel subsidies and funding of capital projects by the government.

Nigeria’s vision of being a top 20 country by the year 2020 with target of 40,000MW installed generation capacity will require augmentation of capacity across the value chain including equipment manufacturing, fuel/feedstock resources, construction, project operations and management (O&M). Currently, much of the trained manpower is being derived from the former crop of technical staff of the now un-bundled Power Holding Company of Nigeria (PHCN). There is a general consensus that to sustain anticipated growth, the Nigerian Power Industry needs to attract and develop fresh talent, with different levels of skill and aptitude, to assume roles in engineering, managerial and leadership disciplines.

The quest to turn the lights back on in Nigeria is pitting some of the country's richest men against rusted power lines.
Since independence from the U.K in 1960,The Nigeria Government built only 12 power plants-all of them are now in dis-repair and its population tripled to 174million. Ter result: Nigeria produces less than half as much electricity as north Dekota for 249 times more people.
Recently, Development partners across the world are to inject about $2billion into Nigeria's power sector in the next few years,the country representative in united nations industrial development organisation (UNIDO) Dr. Patrick kormowa  disclosed.

With the supposed amount at her disposal Nigeria will enjoy an uprising situation in the power sector.

Written By:Olaposi Seyi


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