Richard Ginika Izuora
Key stakeholders in the country’s electricity industry have craved for stronger collaboration that would lead to new investment direction that will help in rejuvenating the ailing power sector.
The stakeholders led by the Federal Ministry of Power highlighted collaboration and investment as key factors to tackle Nigeria’s electricity challenges.
This is coming as the national grid collapsed on Tuesday five days after a similar incident occurred making it twice in the month of September which partially threw some parts of the country in darkness.
It is also reported that the number of grid collapse in the country has increased to 47 between 2017 to 2023.
The grid collapsed at least four times in 2022, which authorities blamed on technical problems.
Nigeria has 12,500 MW of installed capacity but produces about a quarter of that.
The recent grid collapse comes after the nation’s power grid had achieved uninterrupted stability for over 400 consecutive days.
The recent grid collapse comes just weeks after the Transmission Company of Nigeria (TCN) announced that the nation’s power grid had achieved uninterrupted stability for over 400 consecutive days.
Nigeria has always struggled with challenges in its electricity sector, posing significant obstacles to economic development and the daily lives of its citizens. Despite the privatisation of the sector, Nigerians are yet to enjoy uninterrupted power supply.
These electricity problems stem from a complex web of issues, including outdated infrastructure, inadequate maintenance, and limited investment in the power sector.
Nigeria’s electricity grid collapse between 2017 and 2023, according to the Transmission Company of Nigeria (TCN).
The TCN, said it notes that grid restoration nationwide is in progress and has reached advanced stages with power supply now available in the West, North Central, South, East, and a large portion of the Northern parts of the country.
The power supply restoration according to TCN spokesperson Ndidi Mbah, is sequel to the total grid collapse, causing outage nationwide, after over 421 days of consistent grid stability.
In the course of the grid restoration, the process initially suffered a setback; but did not amount to another collapse, she said.
The key stakeholders including local and international players in the industry at the 10th-anniversary edition of the Nigeria Energy Exhibition and Conference holding from the 19th to 21st of September 2023, at the Landmark Center, pledged to cooperate across the value chain to meet Nigeria’s growing energy need.
Speaking at the conference, Chief Adebayo Adelabu, Minister of Power, Federal said, “It is a great pleasure for me to address you today as we gather to discuss one of the most critical issues of our time, which is energy. This conference marks a significant milestone in our collective efforts to shape the energy landscape in Nigeria. This, of course, will accompany the opportunity to relate and interact with industry players and power sector investors. It will not only assist in the pace of my fact-gathering and understanding of the sector itself, but it is also a good platform for direct feedback from industry operators. I thank you sincerely for giving me this opportunity to meet everybody in just this single point of contact and listen to you to understand what the issues and challenges are, and how we come together to build workable solutions that will transform the power sector in Nigeria.
I am confident that the narrative in the power sector, which is confronted with several challenges, will change soon. The challenges we face, ensuring access to reliable and affordable energy for all, are quite complex. It ranges from issues of energy security, and sustainability, to addressing climate change. The Ministry of Power is focused on the balanced energy development that drives socio-economic transformation, thus satisfying the future utility and sustainable development nexus of energy security, sustainability, and affordability,” he concluded.
While commenting on the event, the Minister said, “I would like to congratulate and commend Informa Markets, the organisers of the conference for the efforts to provide a unique platform for stakeholders, both the public and private sectors to come together and discuss the challenges, opportunities, and innovations that lie ahead in the power sector. Your commitment to advancing the sector in Nigeria is truly commendable and your contributions are quite invaluable. The goal of this conference is not just to discuss these challenges, but to collaborate and implement concrete actions that will lead us towards a brighter and more sustainable energy future. We must therefore never underestimate the power of strategic collaborations in this bilateral sector. This conference should not just be another conference. We must arrive at workable solutions to resolve identified challenges and leverage the opportunities provided at this conference.”
Ade Yesufu, Exhibition Director, Nigeria Energy, said “On behalf of the Nigeria Energy team and Informa Markets, I am deeply honoured to stand before you with a profound sense of privilege as we gather for this grand inauguration of the 10th edition of the Nigeria Energy Exhibition and Conference, which is a testament to the boundless potential and unwavering commitment of our great country towards the advancement of the Energy sector.
Today, Nigerians stand united sharing the single vision to create a sustainable and modern energy future that serves all our citizens. This vision is particularly important in the light of recent developments in our government.”
Addressing these developments, I would like to extend our heartfelt congratulations to the newly appointed Minister of Power, Chief Adebayo Adelabu. Your presence here reaffirms your commitment to sustainable development in the Nigerian Power sector. To our esteemed partners, your unwavering support and dedication have been instrumental in building this event and bringing it to the level that it is today,” he concluded.
The Nigeria Energy Exhibition and Conference 2023 is supported by leading global players in the power and infrastructure industry including Skipper as the main event sponsor, Tetracore, Huawei, and Simba as Platinum Sponsor, Jinko Solar, Okaya, JMG, UTEC, and Ofstar as Gold Sponsor, Unisell Interlinked as Silver Conference Sponsor, Felicity, Fronius, Lucy, Jubaili, JA Solar, Gil Siemens, Su-Kam, and Powerpro as Silver Event Sponsors. These key industry players are showcasing the latest and commercially sustainable power solutions at the Nigeria Energy Exhibition 2023 which will contribute to viable solutions for Nigeria’s power sector challenges.