The thesis argues that social responsibility is an integral. The roadmap for power sector reform the growth, prosperity and national security of any country is critically dependent upon the adequacy of its electricity supply industry. Fgn power reform agenda fgs reform of power sector is gingered mainly by the need to reduce the cost of doing business in nigeria in order to attract new investment through provision of quality and dependable power supply to the economy for industrial, commercial and sociodomestic activities. Inhaling nigerias premium vape juice best local eliquid. Power sector reform roadmap full version nigerias no1. The economic implications of the privatization of the. The power sector is arguably the most important industry in any country. Nigeria economic and power sector reform program epserp appraisal report appraisal team task manager engedasew negash, senior power engineer oinf. Roadmap for power sector reform full version slideshare. Stockbroker comparison tool select a broker under development.
Fast tracking the reform programme removing obstacles to private sector investments major reform objective establishment of an appropriate pricing regime that supports financial viability of the sector establishment of a bulk trader, adequately resourced to sign ppas with ipps, and sell power to the discos. A new nigeria 3 a new party for a new nigeria the all progressive congress apc is a new party for a new nigeria. Roadmap for power sector reform a customerdriven sector. By the late 1990s it became clear that the publicly owned and operated electricity system was failing to meet nigerias power needs. The effect of control measures in the power sector reforms on. Nigeria power sector reform roadmap proshare nigeria. The nigerian power sector reform has created more opportunities for investors attributable to the increasing demand for sufficient supply of meters, transformers, cables, transmission towers and other generation, transmission and distribution facilities. Beks dagogo jack fnse chairman, presidential task force on power, nigeria theme. Phcn has finally be dissolved and replaced by the succession companies. Nigerian power sector reforms and privatisation by bolanle. The effect of control measures in the power sector reforms. Rural electrification policy paper 2009 at least 10% of renewable energy mix by 2025 power sector reform roadmap 2010. The apc is determined to give a voice to the youth, mekunu, the umu obenye, and the. Abstract nigerias public policy thrusts over the years towards the socioeconomic and political growth, development and sustainability of the system is largely bereft with abject lack of direction and vision.
Implementing reform has resulted in significant progress that. Power roadmap will drive nigerias economic recovery. Transmission company of nigeria tcn the transmission. This case study examines the ambitious power sector reforms being pushed through by the federal government of nigeria. The cost of nigerias infrastructure deficit to its development outcomes, business environment and economic growth is significant. From electric cars, to offices, hospitals, to the the lights in your bathroom when you wake up at night. The first driver of changes in the electricity sector is elec. At the end of the day, the former very popular national electric power authority nepa was replaced by the power holding company of nigeria phcn, which was. Privatisation in the power sector navigating the transition. It literally provides the life line for everything. Federal ministry of water resources 2011 2 roadmap for nigeria water sector foreword when the ministry of water resources was recreated by the president, commanderinchief of the armed forces, h. According to nigeria s august 20 roadmap for power sector reform, nigeria s generation capacity was around 6,000 mw in 2012, of which 4,730 mw 79% was from fossil fuel sources and 1,270 mw 21% was from hydro sources.
The main aim of the nigerian government was to utilize the financial, human and other resources for the development of the electricity industry effectively and to spread the electricity supply across the country. Global energy architecture performance index report 2015. Harnessing the power generation potentials of dams across the country for. Inadequate ict infrastructure is the bane of ict development in the country and a leading cause of deficiencies in quality of service. Indeed the link between electricity supply and economic development is such that the health of the industry is a matter of deep and personal concern to all citizens.
Finally, we recommend a roadmap for nigerias journey towards a. With an installed generating capacity of about 7,500mw and operating capacity of. Privatisation in the power sector 3 introduction nigerias power sector reform has proceeded as scheduled. Roadmap for power sector reform aug 2010 power library.
Several areas still need to be electrified in line with the governments vision 2020. Jun 30, 2017 the nigerias power sector recovery programme. The national electric power policy of 2001 set the go forward framework for power reform in nigeria, leading to the national electric power policy and thus the. Generation capacity is projected to have increased to 6,579 mw by the end of 20, according to the august 20 roadmap. The electricity power sector reform act 2005, was passed setting up the commission with responsibilities to license companies to generate, transmit and distribute electricity in nigeria. Roadmap for power sector reform a customerdriven sectorwide plan to achieve stable power supply. Jan 29, 2016 the first step the roadmap intends to address is to reduce both the public and private infrastructure deficit in nigerias ict sector for substantial improvements in quality of service. Investment brief nigeria may 2015 united states agency. The commissioner said the power reform programme of the government. A privatised power sector the pain and the glory pwc.
On the contrary it forms a natural monopoly and one, moreover, which is of critical importance to the countrys national security. It was originally anticipated that first tranche disbursement would take place in march 2010 and. Pdf electricity as a vital tool in national development is receiving increasing attention from various regimes of government in nigeria. The recent roadmap to the reform of electricity industry in the country is a veritable pointer to this argument. According to nigerias august 20 roadmap for power sector reform, nigerias generation capacity was around 6,000 mw in 2012, of which 4,730 mw 79% was from fossil fuel sources and 1,270 mw 21% was from hydro sources. The fast pace development of offgrid technologies, software applications and. Ige, o deregulation of the power and telecommunications industry and market operations reform in nigeria, proc.
Power sector reforms in nigeria likely effects on power reliab. Benjamin okoroafor chief executive officer pipul tv. It is however critical that the implementation of roadmap, especially as it concerns the privatization of nigerias power utility infrastructure and the execution of the power pricing and. Nigeria the economic and power sector reform program. Update on the roadmap for nigerian power sector reform. Proshare is nigerias premier financial, business and economic information hub since 2006 registered office. Nigeria power sector privatization program african development. Mr presidents resolve in fixing nigerias power challenge resulted in the launching, in august 2010, of the roadmap for the power sector reform. The president launched a new power sector roadmap on 26th august, 2010, which outlines governments plan to. The roadmap set out to create an electricity market which would have the capacity and capability to deliver the 247 electricity needs of domestic and industrial consumers.
The challenges of the nigerian electric power sector. Electric power sector reform act epsr march 2005 established the regulator to ensure an efficient electricity industry and develop other sustainable source. The nigeria experience 199 oil is the third main source of energy, and it is nigerias major sources of revenue. This paper therefore critically assessed the proposed reform of the electricity market in nigeria. Nigeria economic and power sector reform programme. Roadmap for power sector reform a customerdriven sectorwide plan to achieve stable power supply users also downloaded gender equality in the energy sector calendar 202021. Money africa, the nigerian investor, making money in the nigerian capital market, investor relations service. The majority of reserves are found along the countrys costal niger delta. Energy and rural electrification planning, the role of gis. Nigeria investmentbrief page2 gaspipelinevandalization gasprocessingcapacity transmissionwheelingcapacity. Proshare is nigerias premier financial, business and economic. The power sector reform is just regaining its momentum under president jonathan. The apcs philosophy is the welfare of the common man, the assurance of a great future for the youth, and a decent quality of life of all. Roadmap for power sector reform full version docshare.
In developing this roadmap we have built on the solid foundation laid down in 20012002 by the adoption of the national electric power policy, and in 2005 with the promulgation of the electric power sector reform act. For years, efforts to improve nigerias civil infrastructure have been thwarted by corruption, inefficiency and a lack of funding, and in the case of power supply, by an aging distribution network and lacking gas supply. In addition, the government has taken steps to expand the existing generation capacities by the. The accounting software in use is considered robust and capable of. Pdf evaluation of the roadmap to power sector reforms in. It was approved by the afdb board on 1st october 2009. Rethinking the organizational model of nigerias electricity sector. Sep 06, 2010 it is however critical that the implementation of roadmap, especially as it concerns the privatization of nigerias power utility infrastructure and the execution of the power pricing and.
As at 2005, nigeria proven crude oil reserve stands at 35. This alert provides a brief summary of the existing power sector in nigeria and key aspects of the reforms currently being implemented. The sectors market structure like most economies of the developing world is dominated by the stateowned power entity power holding company of nigeria phcn, formerly the national electric. Nigeria economic and power sector reform programme epsrp 1 overview this operation is an adf loan of ua 100 million with a first tranche of ua 67 million and a second tranche of ua 33 million. Update on the roadmap for nigerian power sector reform uzoma d. Aug 07, 20 the roadmap for power sector reform the growth, prosperity and national security of any country is critically dependent upon the adequacy of its electricity supply industry. Jan 29, 2016 by the late 1990s it became clear that the publicly owned and operated electricity system was failing to meet nigerias power needs. The roadmap for power sector reform 2010 was tagged. A summary of the existing power sector in nigeria, current key initiatives, and opportunities and challenges for developers, investors and lenders. The power generation capacity available is far below the estimated growing demand for electricity. In line with the roadmap to power sector reform of august 2010, and, in fulfillment of the requirements of epsra, the nigerian bulk.
Nigeria economic and power sector reform programme epsrp. Status report on the nigeria power sector reform presented at the annual west african power industry convention wapic 2012 lagos, nigeria november 19 21, 2012. It highlighted some of the challenges such as severe electricity crisis due to the appalling state of power. Power sector reform roadmap, and providing comfort for private sector investment into its. The national electric power policy of 2001 set the go forward framework for power reform in nigeria, leading to the national electric power policy and thus the nipp. An option for improving liquidity in the nigerian electricity supply industry. The challenges of the nigerian electric power sector reform. Economic recovery and growth plan 20172020 nigeria. Businessday has tasked nigerians to hold politicians aspiring to take the drivers seats. Energy demand and generated between 19832003 years energy generated in gwh peak max.
According to him, there is need for a roadmap that will clearly define the goals of the power sector reform. There is no doubt that there is high level of inefficiency in the nigerian power sector. The imperative to shift power across borders is in line with power africas commitment to increasing access to electricity in subsaharan africa. In contrast to past reforms, continued leadership from the head of government and ownership of a detailed road map of reform have so far signalled to investors that this government is committed to reform in the long run. Power sector reforms in nigeria started under the national electric power authority nepa. To remedy these issues, the nigerian government made a move to get the power sector privatized via the electric power sector reform map of 2005 and the launch of the roadmap for power sector reform in 2010. The roadmap set out to create an electricity market which would have the capacity and capability to deliver the 247 electricity needs of. The nigeria alternative energy expo 2012 is nigerias leading alternative energy expo. Opportunities and challenges for investment in 2016.
The nigerian power sector reform is necessitated by the chronic poor performance of the sector and has as its compass the 2005 electric power sector reform act and the roadmap for power sector reform 2010. Evaluation of the roadmap to power sector reforms in a developing economy. Power sector reform roadmap full version proshare nigeria. Heeroo, senior infrastructure specialist ghfo 64 namawu alolo, economist ngfo 6661 peter butt consultant 6651. The roadmap takes the long term view, focussing on an increase in installed power capacity to at least 10,000 mw by 2025, at which point the phased unbundling of tanesco would be completed. At the june 2018 world gas conference in washington, d. And that is why a well organized power sector can make or break a country. Aug 01, 2016 the cost of nigerias infrastructure deficit to its development outcomes, business environment and economic growth is significant. Please introduce links to this page from related articles. Pdf evaluation of the roadmap to power sector reforms in a. Introduction during the launch of power africa in 20, president barack obama declared access to electricity is. Plot 590b, lekan asuni close, omole phase ii, isheri lga, p. Tanzanias 20142025 energy reform roadmap to success. This roadmap heralds our advance to the final and very important stage in the reform process.