THE NEXUS BETWEEN ENERGY POLICIES AND SUPPLY: A DESCRIPTIVE EVALUATION OF NIGERIA AND UK ENERGY SECTORS
Sani Damamisau Mohammed, Yusuf Ibrahim Karaye, Muhammad Muhammad Sallau, Ruqayya Tijjani Ibrahim, Bashir Ali Sulaiman and Baraatu Bala Adamu
Volume 9 Issue 2
Abstract
Nigeria has failed to be among the twenty strongest economies in the world as envisaged in its vision 20:2020. Considering the strong linkage between energy consumption and economic growth, the country’s per capita electricity consumption which is one of the lowest in the world apparently resulting from lack of appropriate energy policies contributed to Nigeria’s failure to achieve its vision 20:2020. The country had its first electricity installations just 15 years after that of the United Kingdom. However, while the United Kingdom per capita energy consumption was 4,701kWh in 2020, corresponding Nigeria’s consumption was 115kWh. Provision of the quantum of energy in UK was arguably achieved through implementing appropriate energy policies which Nigeria should have followed the footsteps of the UK on the basis of mutatis-mutandis. Thus, this study examined the effectiveness of energy supply policies designed by governments in Nigeria and UK spanning the period 1971-2020. Secondary data on energy supply policy acts and per capita energy consumption were source from relevant UK and Nigerian government web sites and the study uses descriptive statistics and analyzed the data. Results from the study indicated that past energy policies were not effective in solving Nigeria’s energy supply needs as the highest per capita energy was 157kWh achieved in 2012 while UK’s least is 4,373kWh in 1971. The study recommends that policy makers in Nigeria should establish enabling policies that will tackle the country’s energy crises simultaneously. Similarly, the policies should ensure utilization of all energy sources for an efficient energy mix. Key Words: Energy, Energy policies, Energy Supply, Energy Crises, Policy Analysis
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