- The Presidential Power Initiative is eliminating some constraints in Nigeria’s power sector by ensuring more electricity production, generation, and transmission.
- Currently, 18 of Nigeria’s 26 generation companies depend wholly on gas to function.
In the last 10 years, Nigeria’s power sector has experienced markered progress. According to the Nigerian Electricity Supply Industry (NESI), these developments in the power sector, partially privatised in 2013, are despite numerous deficiencies that plagued the sector. The representatives of NESI from the generation, transmission and distribution companies disclosed this to journalists in Abuja while stating the plans to mark the anniversary.
NESI noted that they also plan to bring key industry players together this week through a golf tourney to ensure cooperation in the sector. The coordinator of NESI Golf, Adetunji Adeyeye, pointed out that the Presidential Power Initiative (PPI) is removing some constraints in Nigeria’s power sector, ensuring more electricity production, generation, and transmission. Currently, the project is advancing well through the expansion of infrastructure programme.
“We need to see the glass as half full, not half empty. True, Nigerians still don’t have light. We are not producing enough. We’re not distributing enough. We’re not transmitting enough, but it’s not as bad as 10 years ago. So, in about a year or two, you will see significant changes in the volume of electricity you get in terms of quality and overall service. So, we are not where we need to be yet. But I will say many things have been done,” he said. Adeyeye added that NESI is addressing the gas end of the power sector as 18 of Nigeria’s 26 generation companies are fully dependent on the commodity to function.