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Fachbuch aus dem Jahr 2020 im Fachbereich Politik - Internationale Politik - Thema: Sonstiges, , Sprache: Deutsch, Abstract: The Nigeria Power Sector appeared to have an awesome history of electricity governance, but the development of the sector has been greatly impeded. This could be as a result of its inability or failure to effectively implement the legal policies and institutional frameworks and more still the proactive measures to bring about effective sector regulation through sustainable socially, economically viable and proactive management of the power sector in Nigeria. The current system of power sector reform began in the year 2000 with the implementation of the Electric Power Implementation Committee (EPIC). The committee drafted the National Electric Power Policy (NEPP) in the year 2001, leading to the Electric Power Sector Reform Act 2005. The reform comprised essentially two main components, including: restructuring and privatization1. It is based on this premise that this essay sought to review the policies for power sector reform in Nigeria, with emphasis on the Electric Power Sector Reform Act 2005.
The importance of modern energy services to development is well established and it extends to deploying renewable energy for electricity to address current global challenges such as lack of access to electricity, poverty, environmental degradation and climate change. No doubt, electricity from renewable energy has negative impacts, but it also has benefits over other energy sources, particularly coal, oil and gas. These benefits have included that it is generally environmentally benign, it is vast, free, and supports standalone technologies. Thus avoiding costs associated with expanding the grid network. Hence, the idea that enhanced deployment of renewable energy for electricity can drive sustainable development in countries such as Nigeria, where amidst global concerns about climate change, modern access to electricity is low and energy supply for basic tasks such as cooking and cooling are from energy sources harnessed unsustainably or is itself not sustainable. In addition, other problems in Nigeria include high poverty and unemployment rates, environment degradation, destruction of biodiversity and natural ecosystem, corruption, lack of infrastructure, and dwindling government revenue profiles. Yet, the country has significant energy resources, renewables and non-renewables through which it can presumably meet all its energy needs. Nigeria enacted the Electric Power Sector Reform Act (EPSRA) in March 2005 to give statutory support to its National Electric Power Policy, (NEPP) which, inter alia, sought to promote expanded access to electricity, with minimum adverse impact on the environment. Given the benefits of renewable electricity, and the policy objectives on electricity development in Nigeria, this thesis examines the ability of Nigeria's Electric Power Sector Reform Act (EPSRA) 2005 to enhance the deployment of renewable energy for electricity and thereby foster sustainable development in the country.
Hitherto, industry participants and professionals have had to navigate the emerging and complex Nigerian electricity supply industry (the power sector) without materials or texts that adequately and comprehensively address the history and policy issues, as well as the legal and regulatory frameworks of the industry. In particular, before this book, there was no book written from a practical and hands-on perspective on the key issues connected with the Nigerian power sector or Nigerian power projects generally; neither was there a book that provided good and practical insights on matters related to the negotiation of power sector transaction documents in Nigeria. The few available texts covered only limited aspects of the power sector as none covered multiple key issues. This 400 page book consisting of 10 chapters, attempts to fill the lacuna. It reviews the general legal and regulatory regime of the power sector. It also takes a comprehensive look at the power sector from a historical dimension and looks at where Nigeria is, in terms of the legal and regulatory regime, and the direction in which the country may be headed. Of particular interest to power sector professionals and other persons who negotiate contracts in the power sector or contracts related to the development of power projects, is the chapter which serves as a guide on negotiating key power sector contracts, such as Power Purchase Agreements, Gas Supply Agreements and Engineering, Procurement and Construction Contracts. Noteworthy, is the fact that the book contains contributions from internationally recognized energy law and policy experts like Stella Duru of Banwo & Ighodalo, Jason Kerr of White & Case, Arun Velusami of Norton Rose and Akshai Fofaria of Pinsent Masons. Further, the book considers other issues in the power sector, such as the Partial Risk Guarantee, which backstops the Federal Government of Nigerias payment obligations to power generation companies; and pricing issues.
Electricity has been in use in Nigeria for well over a century. The country has however experienced poor growth in its electricity supply industry, with grave effects on its economic and social development. The more apparent factors which have left the electricity sector in a dismal state include lack of capital expenditure, inadequacy of fuel, irregular maintenance of facilities, use of outdated facilities, inefficient revenue collection, vandalisation of facilities and corruption. In recent years the Federal Government has made effort to reform the country's electricity supply industry by, among other steps, passing the Electric Power Sector Reform Act (EPSRA) in 2005. The EPSRA provides for establishment of the Nigeria Electricity Regulatory Commission (NERC) and the liberalization and privatization of the power sector by removing the monopoly hitherto held by the National Electric Power Authority (NEPA). Pursuant to the EPSRA, NEPA has been unbundled into separate generating companies, distribution companies and a transmission company. The EPSRA also provides a framework for the privatization and liberalization of the Nigerian electricity supply industry with a view to making it competitive and more efficient. This paper attempts to highlight some of the major features of Nigeria's evolving electricity supply industry.
Written in simple language, Nigerias Power Structure: Competition or Monopoly, is a work on power policies and structure between Nigeria and Canada. This text: Gives a detailed analysis of power policies in both jurisdictions; Carries out a comparative analysis to determine and provide the Nigerian government with a suitable option of which structure to implement and Covers the provisions of the Nigerian Electric Power Sector Reform Act 2005 and other Acts. In general, this text gives the reader an understanding of the foundations of a power sector."