Revitalization of the Power Sector through Diversification; The Sure Way Forward for Nigeria Power Crisis
Keywords:
Electrical Energy Sources, Electricity demand, Energy crisis, power generation, Transmission and Distribution, Energy efficiency and conservation.Abstract
Energy is the bedrock on which the development of any nation lies as its overall growth and prosperity depend, to a large extent, on the adequacy, efficiency and functionality of its electricity industry. Despite the huge potential energy resources in Nigeria, Its power supply has however, been inadequate for the socio-economic development. The need to address this trend led to the conduct of a survey to capture the opinions of Nigerians on ways of ending its power problem which has continued to stall its progress over a long period of time. This paper expresses the opinion of Nigerians on steps in addressing its energy crisis, visa- a-vis meeting the demand of the country energy need in twenty five year time. Closed ending questions were used. The aggregate opinion was needed to possibly adjust the national energy policies. It is inferred from the result that the government needs to intensify its present commitment in the sector, sustenance of privatization policy of the sector received a boost by Nigerians as they believed private sectors participation in the industry will enhance its efficiency and management, there is also an indication that vigorous pursuit of energy efficiency and conservation including renewable energy development are necessary in revamping the power sector.Keywords: Electrical energy sources, Electricity demand, Energy crisis, Power generation, Transmission, Distribution, Energy efficiency and conservation
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