For decades, Nigerian businesses have done something their competitors in many parts of the world rarely have to do. They generate their own electricity.
From factories in Ogun to hotels in Lagos, cold rooms in Kano, shopping malls in Abuja, agro-processors in Benue and manufacturing plants in Aba, companies have invested billions of naira in generators, diesel storage facilities, solar installations and backup systems simply to remain operational.
Electricity has become not just a utility issue, but a business survival issue. The challenge, however, has never been generation alone. It has been utilisation.
A factory that installs solar power often generates more electricity than it can consume during certain periods of the day. A commercial building may produce excess power on weekends. An industrial facility may find itself with stranded generation capacity during periods of lower production.
Until recently, much of that surplus value simply disappeared.
The Nigerian Electricity Regulatory
This post was originally published on this site.
