Power/Energy
Power generation presents one of the most prospective and profitable investment opportunities, with Niger State being recognized as the Power State of Nigeria. There are three primary areas for investment in the power sector: Generation,
Transmission, and Distribution. Investors can choose to focus on any of the available power generation alternatives, including:
1. Hydropower Potential:
The hydropower potential in the country stands at
approximately 14,000MW, comprising large, medium, and small
hydropower schemes.
Large Hydropower:
There are 26 large hydro potential sites scattered across the
country, such as:
• Mambilla: 17,342GW
• Lokoja: 8.54GW
• Onitsha: 3.25GW
• Makurdi: 4.75GW
Small Hydropower:
There are 25 small dams across the country capable of generating
about 30MW when converted to hydropower plants. Examples
include:
• Oyam and Ikere Gorge (both in Oyo State)
• Bakolori (in Zamfara State)
Ecosystem Development:
This concept aims to build a new ecosystem for irrigation to
support agricultural produce.
2. Coal-Fired Power Generation:
The estimated coal reserve is over 2 billion metric tons. A total of
12.8 million tons of sub-bituminous coal can power a 10,000MW
plant for 30 years.
3. Renewable Energy:
The Renewable Energy Master Plan targets an installed capacity
of 500MW for solar PV by 2025. Additionally, the Nigerian
government aims to generate 30% of total energy from
renewable sources by 2030, with an estimated 20% of electricity
generated coming from renewables by that year. Prospects
include:
• Manufacture of solar panels
• Capacity building in the field of renewable energy
Technologies
• Supply of renewable energy equipment and Accessories
• EPC contracting in renewable energy projects Location
4. Gas:
Opportunities include gas gathering for domestic and export use,
gas transportation, and the provision of pipeline surveillance
against vandalism.
| Value | Location | Shareholding |
|---|---|---|
|
$1,000,000 Low Low End |
Any part of the 25 Local Governments |
100% foreign or Nigerian(PPP) |
|
$25,000,000 High End
|