World News Insights
1-3 Minute Gist

All Topics Article

Electricity in Nigeria: Let there be light

Economist Original article ›

Keywords:

LyrArc Article Gist
It may come as a bit of a shock to learn, that the entire country of Nigeria produces about as much electricity at electricity generating facilities, as the electricity used around Japan's Narita airport. Most people in this country of 150 million people, get electricity only for a few hours a day. As a result two thirds of all electricity consumed in Nigeria is produced using small scale generators. President Jonathan's plan to raise $3.5 billion to increase electricity supply 13 fold. Since the 1990's the capacity increased by half, but distribution is extremely poor, so that the actual supply has remained flat. One result is a very small manufacturing sector, of about 4% of GDP.

Electricity development in African countries- Nigeria, Ghana, Kenya, Tanzania, Liberia, Ethiopia

10/23/2010

Grouped Articles

Powering Africa

New York Times 07/15/2013

Electricity in Nigeria: Let there be light

Economist 10/23/2010

Can Moguls Untangle Nigeria's Power Lines?

Wall Street Journal 04/24/2014

Liberia’s Ebola Crisis Puts President in Harsh Light

New York Times 10/30/2014

Nigeria’s Tumbling Currency a Victim of Falling Oil Prices

Wall Street Journal 12/03/2014

Dollar’s Rise Stings Africa

Wall Street Journal 03/25/2015

Aliko Dangote and Nigeria's new proposed private oil refinery for 2015-2016

10/23/2010

After investing in a monopoly control of the cement market in Nigeria, Dangote proposes to put up a new oil refinery to meet Nigeria's surging demand for refined oil. Investing in Africa involves an astute knowledge of local politics, banking connections, in addition to business ability.

Grouped Articles

Africa's Richest Man Bets Big on Oil Refinery

Wall Street Journal 12/28/2013

Electricity in Nigeria: Let there be light

Economist 10/23/2010

Nigerian Central Bank Governor Ousted

Wall Street Journal 02/21/2014

Fall in Oil Prices Threatens Africa’s Economic Growth

Wall Street Journal 12/12/2014

Nigeria- corruption, lack of financial transparency and mismanagement of resources

04/03/2006

Grouped Articles

Nigeria Finance Cleanup Gains Momentum

Wall Street Journal 08/06/2010

Electricity in Nigeria: Let there be light

Economist 10/23/2010

Nigeria's doughty presidential candidate: Mr Anti-Corruption joins the fray

Economist 10/30/2010

Nigerian Central Bank Governor Ousted

Wall Street Journal 02/21/2014

Nigeria's Oil Revenue Faces an Accounting

Wall Street Journal 04/13/2014

Nigeria's Kerosene Conundrum

Wall Street Journal 04/13/2014


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us