Can the private sector plug Nigeria's electricity gap?

Ask a random group of Nigerians what they think about the state of electricity in the country. Most of their responses would likely convey that it’s just not good enough. From generation to transmission, and finally distribution, each facet of the value chain has its limitations, and Stears Business has an article breaking this down. Today, we are going to focus on the generation side of things.

In Nigeria, if you can afford it, electricity and storage devices like inverters and diesel generators are current solutions to the country’s erratic power supply. Some people even have one of each—it’s the Nigerian dream. Once the grid power supply goes off, as it frequently does in Nigeria, our relative peace or quiet is shattered by the noise and fumes of generators. 

Why? Power generation capacity is inadequate. For example, Nigeria has an installed generation capacity of 12,522 megawatts (MW). This is the