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Born, bred, and raised in Enugu, the cosmopolitan eastern heartbeat and historic coal-energy center of Nigeria, Ifeanyi witnessed firsthand the realities of Nigeria's electricity crisis and its impact on everyday life and economic progress. In Powering Development, he delivers a bold and timely analysis of the structural failures hindering Nigeria's development. Exploring the "energy trilemma" of access, affordability, and sustainability, Ifeanyi shows how persistent power challenges continue to undermine industrial growth, investment, and productivity in Nigeria.
Drawing practical lessons from Ontario's institution-driven regulatory model and China's scale-focused, state-coordinated expansion, the book provides a relatable and solution-oriented guide to what works and what fails in electricity reform. Blending policy insight with real-world economic reasoning, this book offers a clear roadmap for rebuilding Nigeria's power sector into a true engine of national and continental development for Nigerians, Nigeria, and Africa.
Elo O. Azaino
Managing Partner- Rosenut Solicitors www.rosenutsolicitors.com
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By examining the diverse paths of two global energy heavyweights, "Powering Development" provides a blueprint for Nigerian electricity power reform by analyzing successful models:
i. Ontario, Canada: A model of sophisticated market regulation, institutional discipline, and a successful transition to a clean energy mix anchored by nuclear and hydro power; and,
ii. China: A masterclass in state-led industrial strategy, massive infrastructure scaling, and the rapid electrification of rural and industrial heartlands.
From the historical failures of the Nigerian national grid (popularly and culturally known as NEPA), to the contemporary challenges of inadequate power generation, transmission losses, capacity limitation, metering gaps, cost-reflective pricing, grid unbundling and restrictive consumer access judicial remedies. This book offers a pragmatic roadmap for the future. It explores how Nigeria can balance the stability of centralized planning with the agility of subnational, state-driven markets.
Ifeanyi has profoundly, and commendably, provided an essential guide for policymakers, investors, and industry stakeholders seeking to understand how institutional integrity, regulatory stability, and strategic infrastructure corridors can finally turn the lights on for Nigeria's industrial revolution. We remain proud of Ifeanyi's commitment and contributions towards an industrialized Nigerian through stable and affordable electricity power. The path to power starts here.
'Wale Irokosu
Editor-In-Chief, Electricity Law Reports & Electricity Digest www.electricitylawreportsng.com
Managing Partner, Probitas Partners LLP www.probitaspartnersllp.com