This chapter looks at Nigeria’s power output and generating capacity, both of which currently sit well below those of neighbouring countries, although work to address this is proceeding. According to figures from a World Bank study, Nigeria produced 124 KWh per year in 2010. Much of Nigeria’s power generation, transmission and distribution capacity is ageing and poorly maintained. At present, around 70% of national capacity, which works on natural gas, has either failed or is proven to be insufficient. Therefore, President Goodluck Jonathan has made the power sector a top priority, initiating a detailed road map for its development. The sector has already attracted interest: Germany-based Siemens recently built the 414-MW Geregu power plant and is engaging in the development of other projects in partnership with international investors.
This chapter contains interviews with Sam Amadi, Chairman, Nigeria Energy Regulatory Commission; and John Rice, Vice-Chairman, General Electric.