The moment of revelation came unexpectedly on a high-speed train leaving Beijing, where a screen showed that 36 percent of the train’s traction power came from wind energy. Outside, rows of wind turbines turned gracefully under the sun. For someone familiar with Nigeria’s unreliable grid—where diesel generators hum through the night and candles are often the only light—this was astonishing. By nightfall, Shenzhen’s LED-lit skyline shone brighter than Nigeria’s entire grid on its brightest day.

“Reliable electricity is not just about balance sheets and national budget narratives; it is about social stability and well-being.”

After ten days engaging with institutions and professionals in Singapore, Qatar, and China, I am convinced Nigeria’s energy independence is achievable. The raw materials and technology to power Nigeria exist; what is missing is an unwavering commitment to unite our resources under a common vision. If China’s electricity generation can soar from just over 1,300 TWh in 2000 to over 10,000 TWh by 2024, and if Uruguay, a small country with no fossil fuel reserves, can leap to 90 percent renewable electricity in a decade, then Nigeria, blessed with abundant sunlight, deep gas reserves, and hydropower potential, can close its electricity gap in five years.

Electricity is more than illumination—it is the backbone of modern life. It is the force that powers cocoa presses in Ondo, preserves fish catches for the market in the Niger Delta, drives vaccine cold-chain trucks delivering vaccines to remote clinics, fuels data centres, and charges batteries for homes in bustling cities. In Lagos, factories lose up to 40 percent of their profits due to reliance on diesel generators during outages. In a world where the cost of backup power can turn a manufacturer from profit to loss, reliable grid power is nothing less than an economic lifeline. The potential economic benefits of dependable electricity demand decisive action.

Reliable electricity is not just about balance sheets and national budget narratives; it is about social stability and well-being. The International Energy Agency notes that each additional gigawatt of dependable power can support between 40,000 and 50,000 jobs in construction, manufacturing, and services. This potential for job creation is a beacon of hope for Nigeria’s youth, comprising approximately 70 percent of the population. More jobs mean fewer vulnerable youths susceptible to insurgency or crime; electricity thus becomes a preventive measure for security. Its social benefits underscore its importance and the gravity of the situation, motivating us to work towards it.

China’s story demonstrates how quickly a nation can pivot when policy is clear and capital is welcome. In 2000, China’s grid produced just over 1,300 TWh, approximately one-third of the U.S. output. By 2006, it had surpassed the U.S., and by 2024, it had generated over 10,000 TWh, nearly twice the U.S. output. How? This was driven by legally binding five-year plan targets for capacity, efficiency, and emissions, which provincial governments and state enterprises implemented consistently. The annual investment in generation, transmission, and distribution peaked at approximately 5 percent of GDP, significantly higher than Nigeria’s rate of under 1 percent.

Read also: 92% of world’s population now has access to electricity

China then diversified its energy mix: coal remained the backbone, but hydroelectric dams, solar farms, wind parks, and nuclear reactors grew rapidly. By 2024, non-fossil sources accounted for over 38 percent of generation. Transparent auctions and two-part tariffs—fixed network charges plus variable consumption charges—aligned incentives for consumers, utilities, and investors. Oversight by a supra-ministerial National Energy Commission, chaired by the premier, ensured sector accountability and minimised bureaucratic conflicts. Programs like Made in China 2025 have invested billions in solar chemistry, grid batteries, and power electronics, driving down costs and increasing capacity.

It’s heartening to see the federal government take such decisive action to reshape Nigeria’s electricity landscape. The repeal of the Electric Power Sector Reform Act of 2005 and its replacement with the Electricity Act 2023 is more than a legal adjustment—it feels like the opening of a new chapter.

And yet, as promising as these reforms are, I cannot help but pause and wonder: Will structural change alone bridge the yawning gap between the electricity we have and the electricity we need? True transformation will demand more than new acronyms and fresh mandates. We will need a power regime that ignites investment, drives innovation, and sustains long-term growth—one that reaches into every corner of this country and lights up the lives of all Nigerians. In this moment of transition, I am reminded that reform is always a beginning, never an end.

Mapping Nigeria onto those blueprints reveals the scale of our challenge but also the path out. We have 13 GW of nameplate capacity but less than 5 GW reliably available; combined technical and commercial losses exceed 40 percent; a generation mix skewed to gas and hydro; fourteen primary policy documents since 2001; a single-buyer market struggling to pay gas plants; retail tariffs below cost; and almost no R&D investment for homegrown solutions. China and Uruguay faced similar gaps at the start of reform; the difference lies in governance, investment discipline, and market design.

None of these gaps is immutable. Nigeria needs a five-year Power Sufficiency Roadmap, enshrined in law, to ensure stability during periods of political transition. This roadmap should be overseen by a presidential Energy Council with a real-time dashboard tracking capacity, dispatch, losses, finance, and service quality. The Transmission Company of Nigeria should be ring-fenced and spun into an independent system operator, funded by sovereign guarantees, green climate funds, and pension bonds.

China demonstrates that a nation can turbocharge its grid with single-minded policy, and capital feels secure. Uruguay indicates that even a small, import-dependent country can become a net power exporter within a decade. Nigeria has the resources and technology; what it lacks is coordinated conviction. Progress is a choice. If Nigeria adopts coherent policy, disciplined investment, and market incentives, five years from now, 2024 will be remembered not as a year of darkness but as the turning point toward reliable, affordable electricity for all. The switch is within reach. Let’s flip it.

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp