Energy Finance

In a receding economy, funding is hard to come by. Access to finance continues to be a potent factor hindering the growth of renewable energy in Nigeria. Recently, the Bank of Industry announced the release of a billion Naira fund for solar projects for MSMEs. This article beams on some characteristics of the fund.

    Energy Mix

    An animation video explaining the basic facts on Nigeria's national grid, from generation to transmission, power plants to cost of extending cables across the nation.

      Gas

      Nigeria ranks as one of the world’s biggest gas flare countries; flaring hundreds of billion scf of natural gas each year, and losing billions of dollars’ worth of economic potential to gas flaring. Launched in late 2016, the National Gas Flare Commercialisation Programme seeks to reverse this trend by ending gas flaring by 2020. What actions are proposed by the Programme and what policy provisions…

        Renewables

        Efe, a professional barber from Lagos, has expanded his business by about 40 per cent after installing his own solar panels. He is even starting a second barbing saloon in another part of town. Find out how he was able to do it in this short video.

          Coal

          Nigeria needs a power revolution, but where will the electricity come from? The energy sources in the country are many, including fossil materials such as oil, gas and coal – but renewable energy sources such as solar, wind and biomass are equally available in abundance. Christine K of the Heinrich Boell Foundation in Abuja lists facts and arguments. In August 2014, Nigeria’s government declared that…

            Coal

            What is Nigeria’s coal policy? The National Energy Master Plan (NEMP) of 2014 foresaw a major role for coal… It calculated the role of coal, and its potential contribution to Nigeria’s total electricity supply under different national economic growth scenarios, such as 7%, 10%, 11.5% and 13% annual GDP growth rates. NEMP (2014) reveals which path Nigeria is towing with respect to coal power.


              Nigeria‘s population of about 170 million people share 4,000 Megawatt of electricity between them. That amounts to about 3 light bulbs per person. However, Nigeria sees itself as a future world economic power. So how is Nigeria going to power its envisaged economic growth? What is Nigeria’s energy future?

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              ABOUT US

              This web portal is the online presence of the Alliance on Nigeria's Energy Future (NEF), a discussion platform aimed at broadening knowledge of, and deepening public dialogue on, the possibilities of leapfrogging into a cleaner energy future in Nigeria. The Alliance aims to provide information and insights, and organise exchange of views between citizens, politicians, private sector, experts and civil society organizations on the various options for a sustainable future energy mix for Nigeria. The website was facilitated by the Heinrich Böll Foundation, in partnership with other member-organisations of the Alliance. Articles on this website were last updated in 2017, and have been kept online only for reference purposes.

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