Includes 3 FREE quarterly updates
BMI View: Plenty of work is necessary if Nigeria is to extend market coverage and boost capacity, which is needed in order to ensure that power shortages become a thing of the past. There are numerous opportunities in renewables, but investment prospects remain poor. The promise of nuclear over the long term is likely to go unfulfilled, so Nigeria will likely remain over-dependent on oil, gas and hydro resources. Privatisation and regulatory reform appears to be making progress, which should help boost capacity.
The Nigerian Electricity Regulatory Commission (NERC) announced in December 2012 that the country's power generation capacity had increased to 4,350 megawatts (MW), slightly short of the 4,500MW target that the agency had announced in September, but nevertheless representing a record high. The NERC maintains that the government is capable of attaining 7,000MW of capacity by December 2013.
BMI View: Plenty of work is necessary if Nigeria is to extend market coverage and boost capacity, which is needed in order to ensure that power shortages become a thing of the past. There are numerous opportunities in renewables, but investment prospects remain poor. The promise of nuclear over the long term is likely to go unfulfilled, so Nigeria will likely remain over-dependent on oil, gas and hydro resources. Privatisation and regulatory reform appears to be making progress, which should help boost capacity.
The Nigerian Electricity Regulatory Commission (NERC) announced in December 2012 that the country's power generation capacity had increased to 4,350 megawatts (MW), slightly short of the 4,500MW target that the agency had announced in September, but nevertheless representing a record high. The NERC maintains that the government is capable of attaining 7,000MW of capacity by December 2013.
BMI Industry View
SWOT
Power
Industry Forecast
Nigeria Snapshot
Table: Country Snapshot: Economic And Demographic Data
Table: Country Snapshot: Power Sector
Nigeria Forecast Scenario
Electricity Generation And Power Generating Capacity
Table: Nigeria Total Electricity Generation Data And Forecasts, 2012-2017
Table: Total Electricity Generation Long-Term Forecasts, 2016-2021
Table: Nigeria Electricity Generating Capacity Data And Forecasts, 2012-2017
Table: Nigeria Electricity Generating Capacity Long-Term Forecasts, 2016-2021
Electricity Consumption
Table: Nigeria Total Electricity Consumption Data And Forecasts, 2012 2017
Table: Nigeria Total Electricity Consumption Long-Term Forecasts, 2016-2021
Transmission & Distribution, Imports & Exports
Table: Nigeria Electric Power Transmission And Distribution Losses Data And Forecasts, 2012-2017
Table: Nigeria Electric Power Transmission And Distribution Losses Long-Term Forecasts, 2017-2021
Table: Nigeria Trade Data And Forecasts, 2012-2017
Table: Nigeria Long-Term Trade Forecasts, 2016-2021
Industry Risk Reward Ratings
MEA Power Risk/Reward Ratings
Table: MENA Power Risk/Reward Ratings (Scores Out Of 100)
Table: SSA Power Risk/Reward Ratings (Scores Out Of 100)
Nigeria Power Risk/Reward Ratings
Rewards
Risks
Market Overview
Key Policies/Market Structure
Regulation And Competition
Table: List Of IPPs In Nigeria
Nigeria Power Projects Database
Table: Nigeria Power Projects Database
Competitive Landscape
Regional Overview
MEA Industry Overview
Glossary
Glossary of Terms
Table: Glossary of Terms
Methodology
Industry Forecasts
Power Industry - Data Methodology
Generation and Consumption Data
Electricity Generating Capacity Data
Power Risk/Reward Ratings Methodology
Table: Power Risk/Reward Indicators
Sources
SWOT
Power
Industry Forecast
Nigeria Snapshot
Table: Country Snapshot: Economic And Demographic Data
Table: Country Snapshot: Power Sector
Nigeria Forecast Scenario
Electricity Generation And Power Generating Capacity
Table: Nigeria Total Electricity Generation Data And Forecasts, 2012-2017
Table: Total Electricity Generation Long-Term Forecasts, 2016-2021
Table: Nigeria Electricity Generating Capacity Data And Forecasts, 2012-2017
Table: Nigeria Electricity Generating Capacity Long-Term Forecasts, 2016-2021
Electricity Consumption
Table: Nigeria Total Electricity Consumption Data And Forecasts, 2012 2017
Table: Nigeria Total Electricity Consumption Long-Term Forecasts, 2016-2021
Transmission & Distribution, Imports & Exports
Table: Nigeria Electric Power Transmission And Distribution Losses Data And Forecasts, 2012-2017
Table: Nigeria Electric Power Transmission And Distribution Losses Long-Term Forecasts, 2017-2021
Table: Nigeria Trade Data And Forecasts, 2012-2017
Table: Nigeria Long-Term Trade Forecasts, 2016-2021
Industry Risk Reward Ratings
MEA Power Risk/Reward Ratings
Table: MENA Power Risk/Reward Ratings (Scores Out Of 100)
Table: SSA Power Risk/Reward Ratings (Scores Out Of 100)
Nigeria Power Risk/Reward Ratings
Rewards
Risks
Market Overview
Key Policies/Market Structure
Regulation And Competition
Table: List Of IPPs In Nigeria
Nigeria Power Projects Database
Table: Nigeria Power Projects Database
Competitive Landscape
Regional Overview
MEA Industry Overview
Glossary
Glossary of Terms
Table: Glossary of Terms
Methodology
Industry Forecasts
Power Industry - Data Methodology
Generation and Consumption Data
Electricity Generating Capacity Data
Power Risk/Reward Ratings Methodology
Table: Power Risk/Reward Indicators
Sources
