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An analysis of the power sector performance in Nigeria

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  • Oseni, Musiliu O.

Abstract

Rapid economic growth and sustainable development depends largely on the level of infrastructural development of a nation. This reasonably suggests that a good knowledge of the performance of infrastructural services in an economy is vital and an essential requirement for policy directed at attaining sound and vibrant economic development. Drawing from above, the study analyses the overall performance of the Nigeria power (electricity) sector and presents some policy guidelines for achieving a world standard power market and sustainable development. The study found that the Nigeria power sector is underperforming and there is an urgent need for proper policy towards achieving a quality and continuous well-functioning electricity market in the country. The installed capacity of the power plants in Nigeria currently stands at about 6000MW with just about 40% of it is generated annually. This greatly constrains the local industries from competing regionally and internationally, and also undermines industrialisation and employment generation in the country.

Suggested Citation

  • Oseni, Musiliu O., 2011. "An analysis of the power sector performance in Nigeria," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(9), pages 4765-4774.
    • Handle: RePEc:eee:rensus:v:15:y:2011:i:9:p:4765-4774
    DOI: 10.1016/j.rser.2011.07.075
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    References listed on IDEAS

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    1. Ibitoye, F.I. & Adenikinju, A., 2007. "Future demand for electricity in Nigeria," Applied Energy, Elsevier, vol. 84(5), pages 492-504, May.
    2. Schramm, Gunter, 1993. "Issues and problems in the power sectors of developing countries," Energy Policy, Elsevier, vol. 21(7), pages 735-747, July.
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    Cited by:

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    3. Oyedepo, Sunday Olayinka, 2014. "Towards achieving energy for sustainable development in Nigeria," Renewable and Sustainable Energy Reviews, Elsevier, vol. 34(C), pages 255-272.
    4. Umoh, Edwin A. & Lugga, Ahmad A., 2019. "Contextualizing hazard mitigation policy for electricity grids in the Sudan Sahel Region of Nigeria," Energy Policy, Elsevier, vol. 124(C), pages 135-143.
    5. Nnaemeka Vincent Emodi & Samson D. Yusuf, 2015. "Improving Electricity Access in Nigeria: Obstacles and the Way Forward," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 335-351.
    6. Muyideen O. Lawal & Titus O. Ajewole & Olalekan M. Bada, 2021. "Electricity Consumers’ Satisfaction During COVID-19 Lockdown in Some Selected States in Nigeria," Jindal Journal of Business Research, , vol. 10(2), pages 238-250, December.
    7. Giwa, Adewale & Alabi, Adetunji & Yusuf, Ahmed & Olukan, Tuza, 2017. "A comprehensive review on biomass and solar energy for sustainable energy generation in Nigeria," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 620-641.
    8. Oladokun, V.O. & Asemota, O.C., 2015. "Unit cost of electricity in Nigeria: A cost model for captive diesel powered generating system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 35-40.
    9. Oseni, Musiliu O. & Pollitt, Michael G., 2015. "A firm-level analysis of outage loss differentials and self-generation: Evidence from African business enterprises," Energy Economics, Elsevier, vol. 52(PB), pages 277-286.
    10. Somoye, Oluwatoyin Abidemi, 2023. "Energy crisis and renewable energy potentials in Nigeria: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 188(C).
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    12. Dada, Joseph O., 2014. "Towards understanding the benefits and challenges of Smart/Micro-Grid for electricity supply system in Nigeria," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 1003-1014.

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