Power

The 2014 KPMG Power in Africa Sector Report stated that Nigeria’s electricity generation is ~3,575 MW, which falls far short of the ~12,800 MW required to meet peak demand. As of 2011, Nigeria, according to the World Bank, ranked amongst the lowest net electricity generating nations with a per capita generation of 149 KWh.

Available data from the World Bank as of June 2014 stated that only ~46% of the population had access to electricity. In its Doing Business 2014 report, the World Bank measures the ease with which businesses in 189 countries can access electricity, with Nigeria ranking 185^th. Although the abysmal electricity supply hampers business; plugging the gap in the needed output presents a huge potential.