Is real energy sector reform possible in poly-crisis Nigeria?

As security and economic crises pose ever more challenges, it would be a good time for Nigeria to unleash its more positive forces to avoid an even worse malaise. But few believe the new president will be able to quickly turn things around.

C&I investments from large private sector players are advancing as are some electrification and off-grid schemes but the industry remains mired in critical liquidity issues. The new president must also decide whether to accelerate oil and gas reforms.

Nigeria pushes on with electricity sector reforms, as nationwide strike shuts grid once again

Issue 507 - 09 June 2024

Yet another grid collapse in early June underscored the perilous state of Nigeria’s electricity supply industry, but the 2023 Electricity Act, the recent creation of an unbundled independent system operator and other reforms from President Tinubu’s government may augur for better days ahead, writes Marc Howard.

Is real energy sector reform possible in poly-crisis Nigeria?

Nigeria pushes on with electricity sector reforms, as nationwide strike shuts grid once again

Nigeria’s Transcorp to expand gas-to-power capacity and add solar power

In rare good news, Nigeria inaugurates first utility-scale IPP in six years

Nigeria’s economic woes worsen as interest rates reach 22.75%

Afreximbank makes first $2.25bn crude prepayment as Nigeria reels from macro pressures

Nigeria: Tinubu picks former Lagos ally as Central Bank chief

Nigeria aims for crude output boost, but rosy forecasts create potential for disappointment

Afreximbank supports under-pressure Nigeria with $3bn cash-for-oil deal

Nigeria awaits formation of government as tensions rise over cost of living

Tinubu: Nigerian revolutionary – or more of the same?

Nigeria: President Tinubu announces end to fuel subsidies as he takes office

Nigeria: Dangote refinery progress could point to a better future

Nigeria: Tinubu faces challenge of falling output and regulatory gripes

Nigeria’s defaulting discos given limited reprieve with grid link restored for now

Tinubu prepares to take charge of Nigeria amid formidable economic challenges

More disputes following Nigeria’s gubernatorial elections

Nigeria’s future uncertain as Tinubu’s election promises business as usual administration

Nigeria’s power infrastructure – revised March 2024

Nigeria’s 2023 elections in maps and charts

Nigeria oil and gas map package shows three different views of sector infrastructure

Nigeria map illustrates political and security trends alongside energy infrastructure

Nigeria's power infrastructure – revised September 2020

Need more context and analysis?

Join our community

Contact us

Twitter feed