Challenges and prospects of Nigeria’s sustainable energy transition with lessons from other countries’ experiences

Adewuyi, Oludamilare Bode; Kiptoo, Mark Kipngetich; Afolayan, Ayodeji Fisayo; Amara, Theophilus; Alawode, Oluwatobi Idowu; Senjyu, Tomonobu

doi:10.1016/j.egyr.2020.04.022

Cited by 76 publications

(46 citation statements)

References 36 publications

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“…However, there are issues of erratic power supply which have grossly retarded economic development in Nigeria (USAID, 2020). The Country is unable to withstand technology to the desired level (Adewuyi et al, 2020). The Country relies on generators, inverters, solar energy and such alternatives with side effects on the environment.…”

Section: Introductionmentioning

confidence: 99%

Ease of Doing Business Index: An Analysis of Investors Practical View

Babatunde

Ajape

Isa

et al. 2021

JECO

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This study investigates the effect of Ease of Doing Business Index (EDBI) on Return on Investment (ROI). The study employs a cross-sectional survey design covering five years from 2015 to 2019. The sample is 47 registered companies with the Lagos Chamber of Commerce and Industry, which is the most representative of the organised private sector group in Nigeria. The study adopts descriptive and linear regression statistical analysis. Findings show a statistically significant negative effect of Government policy continuity. The government procurement process, Raw materials availability and Quality of workforce show adverse effects. Traffic and transportation management, power supply and Security infrastructure show insignificant effect on ROI. Hence, findings indicate that Government procurement process is inimical to ease of doing business in Nigeria despite the government improvement efforts. Since government efforts are insufficient, the World Bank should incorporate private sector ideals into EDBI to create a synergy a robust EDBI. Keywords: Ease of Doing Business, ease of doing business index, return on investment, investors, World Bank. Ease of Doing Business Index: Sebuah Analisis terhadap Pandangan Praktis InvestorAbstrak: Penelitian ini menginvestigasi pengaruh Ease of Doing Business Index (EDBI) terhadap Return on Investment (ROI). Penelitian ini menggunakan desain survei cross-sectional dari tahun 2015 sampai dengan tahun 2019. Sampel penelitian ini adalah 47 perusahaan yang terdaftar di Lagos Chamber of Commerce and Industry. Penelitian ini menggunakan analisis deskriptif dan statistik regresi linear. Dari berbagai elemen EDBI, temuan dari penelitian ini menunjukkan adanya pengaruh negatif yang signifikan antara keterlanjutan kebijakan pemerintah terhadap ROI. Proses pengadaan pemerintah, ketersediaan bahan mentah, dan kualitas tenaga kerja menunjukkan pengaruh berkebalikan dengan ROI. Lalu lintas dan manajemen transportasi, supply listrik, dan infrastruktur keamanan menunjukkan pengaruh tidak signifikan terhadap ROI. Usaha pemerintah dalam meningkatkan proses pengaadaan pemerintah masih belum memadai karena masih kecilnya pengaruh terhadap EDBI Nigeria. World Bank sebaiknya memasukkan pengaruh sektor privat dalam indikator EDBI sebagai upaya menciptakan sinergi antara pemerintah dan sektor privat untuk peningkatan EDBI dan dampaknya pada ekonomi. Kata kunci: Ease of Doing Business, indeks kemudahan berbisnis, pengembalian investasi, investor, Bank Dunia

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Section: Introductionmentioning

confidence: 99%

Ease of Doing Business Index: An Analysis of Investors Practical View

Babatunde

Ajape

Isa

et al. 2021

JECO

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“…Thus, substantial improvements in power generation and supply are very critical if the country is to adequately meet her future electricity needs. A growth rate of 567 GWh/yr in total generation was projected in [8], while [9] suggest that in the near future, a generating capacity of 85 TWh should be installed to meet the expected demand. This situation has led to a renewed call for diversification of energy sources with emphasis on renewables to serve the needs of off-grid rural communities [10][11][12].…”

Section: Introductionmentioning

confidence: 99%

Development of Electric Power Availability Recorder for Accurate Energy Billing of Unmetered Facilities

Ikwuagwu¹,

Okoh²,

Ajah³

et al. 2021

Adv. sci. technol. eng. syst. j.

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The design, fabrication and testing of a power availability recorder (PAR) to track the duration of electricity supply in facilities is presented. The design was executed with C-Language encoded in a microcontroller which served as the central processing unit of the device. Proteus software was, subsequently, used to simulate the real-life practicability of the device before the prototype was constructed. This device is designed to record power availability in seconds which can be converted to hours while energy consumption is recorded in kWh. Thereafter, the device was functionally tested and installed in a customers' premises for a period of three (3) months. Energy Consumed was plotted against Availability using GraphPad Prism Software and it could be seen that Availability and Energy Consumption are directly proportional to each other. This forms a sound basis for discrediting the outrageous bills issued by the utility companies for months when there were few hours or no power availability. It follows therefore that if installed in unmetered households, this device could go a long way in curbing the excesses and checking the inefficiency of the utility companies in terms of unjustifiable estimated bills issued to their customers.

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“…Nonetheless, this initiative can be boosted through an increase in supply of renewable energy to the national electricity supply grid [4]. The country's current energy mix for electricity generation is approximately 70% thermal and this is mainly originates from coal fired power stations located in various parts of the country and from the unreliable natural gas supply company's [5]. The outstanding 30% of Nigeria's electricity supply originates from hydro sources, with insignificant contributions from wind and solar technologies [5].…”

Section: Introductionmentioning

confidence: 99%

“…Invest (An African-European Union Renewable Energy Cooperation Programme), the northern and central regions of Nigeria have the potential to generate large amount of electricity from solar PV. The study further stated that the estimated generated capacity for solar PV in both regions (North and Central region) is approximately 43,000MW, and of which a very large portion remains unutilised [6,5].…”

Section: Introductionmentioning

confidence: 99%

“…This comprises of 30MW small hydropower and 5MW solar photovoltaic (PV), this is an abysmal 0.6% of total nominal electricity generating capacity in Nigeria [4]. Thus, from the aforementioned data, it can be stated that renewable energy In 2017, the federal government of Nigeria, invested approximately 20 billion US dollars in solar PV projects in various parts of the country and plans are currently ongoing for the development of a 30MW privately owned solar farm which is to be situated in the North eastern region of Nigeria [5]. A basic barrier to the development of solar energy technology in Nigeria lies in high initial costs and long payback times.…”

Section: Introductionmentioning

confidence: 99%

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Study on the Performance of Selected Solar Photovoltaic Systems Installed by Government Intervention Agencies in Delta State, Nigeria

Agaja¹,

Ajibade²,

Nwaezeapu³

et al. 2020

IJIRMPS

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This study evaluated the performance of selected solar photovoltaic (PV) projects installed by Federal and State government intervention agencies in Delta State, Nigeria. Thirty projects were studied, these projects were selected from Delta North, Central and South Senatorial Districts. The data for this study was obtained by using a structured questionnaire and field inspection. The data was statistically analysed using Kruskal-Wallis test at 5% and two-sample Ttest. The results of the field inspection revealed that the performance of the installed solar PV projects is significantly different (P> 0.05) between the two government agencies. There are number of factors that affects solar PV system performance in Delta State, Nigeria, these include; high cost, poor awareness, theft/ insecurity, poor maintenance and lack of technical manpower. Practical steps and measures that can promote better performance (installation, operation and maintenance) of solar PV system as a clean and sustainable source of energy in Delta State are also discussed.

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Challenges and prospects of Nigeria’s sustainable energy transition with lessons from other countries’ experiences

Cited by 76 publications

References 36 publications

Ease of Doing Business Index: An Analysis of Investors Practical View

Ease of Doing Business Index: An Analysis of Investors Practical View

Development of Electric Power Availability Recorder for Accurate Energy Billing of Unmetered Facilities

Study on the Performance of Selected Solar Photovoltaic Systems Installed by Government Intervention Agencies in Delta State, Nigeria

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