Nigeria has a population of 170 million but only generates 5,000 megawatts of electricity, far below its needs of 15,000 megawatts immediately and 40,000 megawatts by 2020. While the government has reformed the power sector, it cannot provide the $10 billion in annual capital required. Enhanced public-private partnerships utilizing Nigeria's abundant solar resources, which receive the highest solar irradiation in the world, are proposed to bring private capital and expertise and help close the massive power gap.
India Union Budget 2022 - Five Takeaways for Boosting Green Economy in IndiaPratima Pandey
Continuing a focussed approach towards prioritizing climate action and clean India, this Budget came up with a few good initiatives for propelling green economy.
My latest presentation on Iraq electricity sector reform during Iraq Energy Forum 2 - 3 April 2017 in Baghdad, Iraq.
http://iraqenergy.org/home/forum/media_details.php?id=10
The West Africa-America Chamber of Commerce & Industries presents: David Lary
The West Africa-America Chamber of Commerce & Industries presents: Doing Business in Nigeria: Creating Wealth from
Opportunities in Africa’s Largest Market
India Union Budget 2022 - Five Takeaways for Boosting Green Economy in IndiaPratima Pandey
Continuing a focussed approach towards prioritizing climate action and clean India, this Budget came up with a few good initiatives for propelling green economy.
My latest presentation on Iraq electricity sector reform during Iraq Energy Forum 2 - 3 April 2017 in Baghdad, Iraq.
http://iraqenergy.org/home/forum/media_details.php?id=10
The West Africa-America Chamber of Commerce & Industries presents: David Lary
The West Africa-America Chamber of Commerce & Industries presents: Doing Business in Nigeria: Creating Wealth from
Opportunities in Africa’s Largest Market
New base energy news issue 849 dated 12 may 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 12 May 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• Mideast, North Africa need to invest $334b in power: report
• UAE: Dubai Supreme Council of Energy addresses energy intensity mapping
• Qatar power sector needs $9bn investment during 2016-20
• Oman marks maiden export of crude from Musandam Terminal
• Madagascar: Pura Vida Holds 100% Interest in Offshore Ambilobe Block Enenrgy
• Energy majors to take part in EIC 2016 Connect Middle East
• US: Is the American dream of energy independence dead?
• Oil prices, Brent=47.6 & WTI=46.2 as Canadian oil sands fields gradually return
• CASPIAN OVERVIEW: AZERBAIJAN EYES 50BN M³/YR EXPORTS BY 2050
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to khdmohd@hotmail.com or khdmohd@hawkenergy.net .
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Infrastructural Development Financing Strategy for Nigeria. World Bank Group's Unlocking Financing for Development in Emerging and Developing Economies (EMDEs) Assignment via edX.
We specialize in the development of process-driven, conceptual models to identify and improve the understanding of your mineral targets.
The spearhead of our services is delivering core drilling service in prompt and efficient manner.
A world of experience, technical knowledge, and understanding. That’s what Geonesis brings to your project. Profitable mining demands an independent, experienced, long-term perspective that gives you real clarity.
Whether its advice on project feasibility, property acquisitions or disposals, financing, geotechnical stability, sustainability or mine closure, we have an extensive breadth of knowledge and depth of experience to ensure you get the right advice, where and when you need it most.
Democratic tensions, economic threats - South Africa 2015 State of the Nation...Brunswick Group
President Jacob Zuma’s eighth State of the Nation Address (SONA) lays out the priorities of government and provides us with a guide as to legislative and policy agenda and the likely general focus of Government. This note seeks to look past the political noise and analyse the implications for business.
For more information please contact our Johannesburg office: http://www.brunswickgroup.com/contact-us/johannesburg/
Posiview Insight: Union budget 2014-15: Impact on Real Estate IndustryVinit Deo
Posiview Insight: Union budget 2014-15: Impact on Real Estate Industry
Posiview Consulting Partners is a Real Estate focused boutique invest banking and corporate advisory firm. Having executed more than 100 projects successfully over the last 10 years, we work with our Developer partners closely to support them from land acquisition, feasibility, fund raise from Banks and PE Funds and project strategy and monitoring till completion.
We believe that the Union Budget 2014-15 impacts the Real Estate industry in several indirect ways which has been missed by the mainstream media and our point wise analysis covers these aspects.
CA Vinit V Deo
Chairman and Managing Director
New base energy news issue 849 dated 12 may 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 12 May 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• Mideast, North Africa need to invest $334b in power: report
• UAE: Dubai Supreme Council of Energy addresses energy intensity mapping
• Qatar power sector needs $9bn investment during 2016-20
• Oman marks maiden export of crude from Musandam Terminal
• Madagascar: Pura Vida Holds 100% Interest in Offshore Ambilobe Block Enenrgy
• Energy majors to take part in EIC 2016 Connect Middle East
• US: Is the American dream of energy independence dead?
• Oil prices, Brent=47.6 & WTI=46.2 as Canadian oil sands fields gradually return
• CASPIAN OVERVIEW: AZERBAIJAN EYES 50BN M³/YR EXPORTS BY 2050
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to khdmohd@hotmail.com or khdmohd@hawkenergy.net .
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Infrastructural Development Financing Strategy for Nigeria. World Bank Group's Unlocking Financing for Development in Emerging and Developing Economies (EMDEs) Assignment via edX.
We specialize in the development of process-driven, conceptual models to identify and improve the understanding of your mineral targets.
The spearhead of our services is delivering core drilling service in prompt and efficient manner.
A world of experience, technical knowledge, and understanding. That’s what Geonesis brings to your project. Profitable mining demands an independent, experienced, long-term perspective that gives you real clarity.
Whether its advice on project feasibility, property acquisitions or disposals, financing, geotechnical stability, sustainability or mine closure, we have an extensive breadth of knowledge and depth of experience to ensure you get the right advice, where and when you need it most.
Democratic tensions, economic threats - South Africa 2015 State of the Nation...Brunswick Group
President Jacob Zuma’s eighth State of the Nation Address (SONA) lays out the priorities of government and provides us with a guide as to legislative and policy agenda and the likely general focus of Government. This note seeks to look past the political noise and analyse the implications for business.
For more information please contact our Johannesburg office: http://www.brunswickgroup.com/contact-us/johannesburg/
Posiview Insight: Union budget 2014-15: Impact on Real Estate IndustryVinit Deo
Posiview Insight: Union budget 2014-15: Impact on Real Estate Industry
Posiview Consulting Partners is a Real Estate focused boutique invest banking and corporate advisory firm. Having executed more than 100 projects successfully over the last 10 years, we work with our Developer partners closely to support them from land acquisition, feasibility, fund raise from Banks and PE Funds and project strategy and monitoring till completion.
We believe that the Union Budget 2014-15 impacts the Real Estate industry in several indirect ways which has been missed by the mainstream media and our point wise analysis covers these aspects.
CA Vinit V Deo
Chairman and Managing Director
Nigeria recently deregulated its power sector to pave way for private sector investors. The government owned corporation, Power Holding Company of Nigeria (PHCN) that was responsible for all electricity supply was unbundled, partly privatised and there are many ongoing reforms to reposition the power sector. However, the authorities must get the policies right and seek the support of international partners to attract private investments into the sector. Opportunities in the energy sector are highlighted for private sector participants to consider and take decisions. The citizens (consumers) must support government by agreeing with the new policies for a successful transformation. All hands must be on deck for success to be achieved.
Final project finance for development - AfghanistanAkshay Koul
Energy needs form the most essential requirement for a citizen living in any nation. Thus, the first focus of development for a country like Afghanistan should be to build infrastructure to supply electricity to every household and also to the industry to operate.
Like its neighbors, Afghanistan has rich culture and diversity but unlike its neighbors it has an advantage of starting from scratch. Afghanistan after US troops withdrawal is taking baby steps towards exercising democracy and practicing liberalism. With a monolithic government, the country should be hopeful of developing in the right way.
Any country’s engine of growth has to be the industry and for industries to operate they need energy. Therefore, for Afghanistan to promote infrastructure development in industries either locally or by inviting FDI, they need to ensure and enable a stable environment with uninterrupted electricity.
Sasaenia Paul Oluwabunmi (submitted to the World Bank ffd MOOC)sasaeniapaul
A concise review of Uganda's Energy Sector. The presentation critically assessed the current energy installations in Uganda, major sector challenges and policy considerations. The presentation concluded with a series of proposed solutions to these identified challenges.
A review of Uganda's Energy Sector (Infrastructure Development and Financing)sasaeniapaul
This presentation performs a concise review of Uganda's energy sector with a core focus on current energy installations in the country. An assessment of sector policies in consideration and funding mechanisms is also done. The presentation ends with a series of proposed solutions which can boost Uganda's energy sector.
A paper presented by the Consul-General of the Federal Republic of Nigeria, Atlanta to the forum of American-Nigerian International Chamber of Commerce, Atlanta.
Use of renewable energy for developing countryEko Hernanto
The target audiences are Governments, Private sectors and Policy makers particularly in Low Income Countries. The resource provides information of renewable energy as the ideal source to provide energy security in long term and the possible financing and development stages required to launch the project in a country successfully and sustainable. The reasons are energy security, growth of social economy, reduce pollution to preserve the climate, and promote good governance in lowering poverty and share prosperity across the country.
Northcourt H1 2019 Nigerian Real Estate Market Review reportAyo Ibaru
Security has grown as a critical selector tool in the residential market. Secure gated communities are priced higher than estates perceived to be less so. Investment thinking in property is shifting. Some expect the new administration to devalue the currency with the uncertainty around this delaying property purchasing decisions. Some investors are opting to buy assets out of the country.
Many are looking to sell local assets. On this backdrop is the migration of young and middle-aged professionals to Western economies, a fact not lost on the balance sheets of local agents. The residential real market is gradually picking up. Tenants pushed for better deals with Landlords making little or no reductions. Mini flats, 1 and 2 Bed flats remain favourites.
Vacancy rates in Port Harcourt have moved - but only slightly when compared with EoY 2018. Old GRA, GRA Phases 1, 2 and 3 recorded vacancy rates of 7%, 9%, 9% and 15% respectively. Abuja’s Apo and Gwarimpa are 14% and 2% vacant. Ikoyi and Victoria Island in Lagos state are respectively 41 and 23% vacant.
400,000m2 of Grade-A office space is expected in 2019. Coworking continues to grow as business owners are unable to meet up to the dollar rents obligations for Grade A office space. Nigeria’s commercial real estate market is going green. Most ongoing prime office developments - or those that have been delivered in recent years are a testament to the fact that green buildings have come to stay. The US government acquired about 50,000m2 of land in Eko Atlantic City for the Consulate’s new head office. A 21-storey smart office tower is being constructed in Uyo, Akwa Ibom state at an approximate cost of ₦19Bn, funded via a PPP. Upon completion, it is expected to house leading oil services firms.
Similar to Enhancing nigerias power supply through enhanced ppp programme (20)
Northcourt H1 2019 Nigerian Real Estate Market Review report
Enhancing nigerias power supply through enhanced ppp programme
1. Enhancing Nigeria’s Power Supply Through
Enhanced Public Private Partnership Program
Muhammed Santuraki C.Eng. (IMMM)
2. Key Facts:
Nigeria is a constitutional Republic.
Located in West Africa, and shares land
borders with Benin in the West, Niger in
the north, and Cameroun and Chad in
the East.
With a Population of 170 million,
Nigeria is the largest country in Africa,
and the seventh largest in the world.
The country is made up of 36 States and
the federal capital territory, Abuja.
Land Area: 923,768 KM2 (32nd)
Currency: Naira (1USD = 160 Naira).
International Dialing code: +234.
Time: (UTC +1).
GDP :$448.495 billion (30th).
GDP per capita: $ 2,722 .
Nigeria- A Country Overview
Nigeria
3. Nigeria accounts for almost half the population of West Africa
and more than 15% of the Population of the African continent.
Nigeria’s Population is expected to reach 230 million in the
next 20 years.
GDP growth rate averaged 7% since 2007, which makes Nigeria
one of the fastest growing economies in the world.
Nigeria’s economy is currently the largest in Africa.
With a population of 170 million, Nigeria generates only 5,000
megawatts of electricity, compared to South Africa with a
population of 50 million which generates 40, 000 megawatts.
In a nutshell Nigeria is a big and power hungry country.
Country Overview Cont’d
4. With generation is around 5,000 MW , Only 40% of the
population currently have access to electricity supply.
Immediate power requirement is estimated at 15,000
MW
It is estimated that around 40,000 MW will be required
by 2020.
Annual investment of USD 10 billion is required over the
next 10 years.
With falling oil revenues, government cannot provide
the capital investment required.
Current Status of Power Supply
6. Government Expenditure Vs
Actual Requirement
To achieve the immediate power requirement of 15,000 MW, annual investment of
USD 3.5 billion is required over the next 10 years.
Obviously, government alone can not provide the huge capital required to achieve the
power sector targets.
Hence, private capital is required through PPP.
7. Based on the current scenario, renewable energies
through PPP’s offer the best solution due to rapid
deployment and cost competitiveness.
Nigeria has abundant potential for renewable energy
such as solar, wind and hydro.
Solar is particularly more attractive due to its cost
decrease (60%) over the last few years.
Nigeria’s solar potentials is one of the highest in the
world.
Suggested Way Forward
10. Nigeria is blessed with abundant solar
irradiation.
Solar provides clean renewable
energy that can be deployed quickly.
Solar energy can provide life line for
businesses especially in rural areas.
Solar can create employment
opportunities, curb crime
reduce rural – urban migration.
Nigeria’s Solar Potentials Cont’d
Comparison of Nigeria's solar potentials with
selected countries.
12. The federal government of Nigeria needs to leverage on the private
sector to provide much needed capital and expertise to achieve its
power sector targets. This can be achieved through the following:-
Re-organising and re-training the Infrastructure Concession Regulatory
Commission (ICRC).
Creating a comprehensive and prioritized power infrastructure
investment plan.
Identifying power projects that are well suited for PPP.
Developing a sound business plan with clear commercial incentives to
attract private capital.
Putting in place a sound regulatory scheme and comprehensive PPP
framework.
Leveraging on PPP to Achieve
Power Sector Targets
13. Selecting the right private sector partners through open,
transparent and competitive bidding process.
Tracking performance of PPP projects through continuous
monitoring and evaluation.
Cultivating an enabling environment for PPP’s through
comprehensive legal, institutional framework.
Establishing a rigorous program management by involving
stake holders, standardized communication and reporting
system.
Leveraging on PPP to Achieve Power
Sector Targets Cont’d
16. Nigeria has already made a lot of positive initiatives in
the power sector through the power sector reform act
2005. The key improvements are :-
Privatisation of government owned power plants.
Development of competitive market price for energy.
Establishment of a wholesale buyer called the bulk
electricity trading company.
Providing partial risk guarantee for power producers
through world bank assistance.
Power Sector Reforms Cont’d
18. Based on the acute power shortage and immediate need to
improve the sector, private sector capital and expertise is
required.
This can be achieved through pursuing an effective PPP
program that incentivises investment in the power sector.
Based on resource availability, competitive cost,
environmental friendliness and quick deployment renewable
energy especially solar can provide accelerated
improvement in the power sector in Nigeria.
Once government set the ball rolling with a few successful
projects, it will encourage huge private sector funding,
foreign investment and international donor assistance.
Conclusion