By Adamu Muhammad Usman
Nigeria’s energy sector operates at a critical juncture, where the challenge of generating 14,000 megawatts (MWs) of power is intricately woven with meeting the needs of its vast populace, with over 226 million citizens and astonishingly over 16000 people relying on 1 MW.
The spotlight falls on the country’s 11 distribution companies. These companies split between 5 in the north and 6 others in the south. However, ensuring that a stable power supply reaches only 12 million customers nationwide has proven to be an uphill task, with Lagos alone hosting two distribution companies.
However, amidst this impressive capacity, challenges persist in providing consistent and reliable power to consumers. Issues such as aging infrastructure, transmission losses and collapse of the national grid impact the energy sector’s ability to keep pace with Nigeria’s growing energy demands.
As Nigeria’s economy expands and urban centers burgeon, the energy sector’s role in driving progress cannot be overstated. Striking a delicate balance between expanding power generation, ensuring efficient distribution, and keeping tariffs manageable remains pivotal. Achieving this equilibrium will not only bolster economic activities but also improve living standards for millions, powering Nigeria towards a brighter energy future.
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