Why Does Electricity-Deficient Nigeria Want To Sell Electricity To Burkina Faso?

by Lara Carter

Nigeria’s electricity supply continues to cripple with over 70% of homes and businesses using stand-alone generators and over 20% of poverty-stricken citizens without electrical supply. Many have heavily criticized current minister of Power, Babatunde Raji Fashola, of not making any progress with his position as minister of power, works and housing. At a 2018  Price Waterhouse Cooper’s (PWC) power industry event in Lagos, a power industry player, Lamu Audu lamented his ordeal with Nigeria’s power sector:

“Some of us are actually looking beyond the borders of Nigeria to sell our power if the Nigerian market cannot take it because we have to remain in business. .. Investments have been made, and that is why we are looking into the West African market. Honestly, we are already talking to Burkina Faso. ” – Lamu Audu

electricity nigeria

According to Lamu Audu, the massive challenges in Nigeria’s power industry and with doing business in Nigeria as a whole, make it very difficult for his company to succeed despite the availability of energy for electricity generated by his company. He is thus more than willing to export electricity rather than navigate the extremely complex web locally.

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