- March 4, 2018
- Posted by: NESISTATS EDITOR
- Category: Uncategorized
According to the World Bank (WB), Nigeria needs 175,000 megawatts (MW) of power to bridge its power gap. An estimated 28 million households and 11 million residential and small-scale businesses are either off-grid, or receive less than four hours of power per day (weak grid). On the other hand, the United Nation’s Sustainable Energy for All (SE4ALL) has set a target for universal power access by 2030. The use of renewable energy (RE) sources such as solar, wind biomass and small hydro is important to meet the stated target.
According to IEA, an estimated 40 percent of the world’s poor lives in villages that are predominantly too remote for grid power or extension in the foreseeable future. Nigeria aims to make reliable electricity available to 75 percent of the population by 2020, and 90 percent by 2030, with at least a 10 percent share of RE by 2025. The Federal Government of Nigeria (FGN) plans to implement a holistic approach of extending access through grid extension and off-grid development