Nigeria aims for universal access to electricity by 2030. For this reason, the country is seeking to meet the financial challenges to arrive, as illustrated by the negotiation in early October of a 2 billion loan $ with China to modernize its electrical network.

The players in the electrical sector have put in There is evidence of an investment gap estimated at $34.5 billion. One Amount that corresponds to the gap to be filled to allow Nigeria to achieve universal access to electricity by 2030. The difficulties mentioned have their origin in the fact that in particular a large part of power plants and electricity transmission infrastructures did not select major maintenance programs for several decades. This lack maintenance reduces their efficiency and increases technical losses on the network.

On the financial side, the Nigerian Electricity Regulatory Commission (NERC) indicates that nearly 55% of consumers do not have still no functional meters, which hampers real billing and affects the revenues of distribution companies. The Ministry of Energy has recognized that budgetary restrictions and the slow pace of access to External funding limits the modernization of the national network and the implementation of implementing electrification projects.