The wealth of a country is directly correlated to the ability to efficiently produce its own electricity. The Issue
Nigeria has the world's largest market for individual electricity generators; more and more people buy personal electricity generators to power their homes and businesses, especially in rural areas. The country's population is more than 155 million; it produces more than 22 billion
of KWh and consumes more than 20 billion KWh, with a surplus of about 2 billion KWh of electricity. It doesn't export nor import electricity, hence it should have no need of electricity supply. However, electricity is at most CRITICAL phase in Nigeria; especially in rural areas. We at Groot Property Group (Pty) Ltd (www.grootgroup.com) have critically reviewed the most possible and feasible form of electricity generation for Nigeria and the following is what we have discovered to a better solution as a start for solving Nigeria’s electricity need within the next 4 years. Our Solution
Nigeria is abundantly endowed with natural gas, which is readily available. Hence, we decided after a careful review, to develop a 4000 MW Gas-fired Power Plant, which will efficiently provide electrify to about 1.2 million to 1.5 million homes per month. And this could be a start. Natural gas is the 2nd cheapest form of electricity generation, and it's easy to develop, easy for government approval due to its environmental friendly, and it's abundant in Nigeria. Coal is the next cheapest, but it's dirty, pollutant, and dangerous in mining it. Nuclear is next after coal, but most of the world's governments are not looking at pursuing nuclear power plants any more due to its environmental impact, and it's nearly not possible to get government approval due to its complexity. Wind, Solar, Hydro are next but they are expensive to produce, hence further passing the costs to the Nigerian people will not be efficient. We have teamed up with Nigerians in Nigeria and in US to establish Sparkle Energy, a developing company for this project, with our global partners in North Africa, Europe, Asia and Africa to develop this power project, which at the development cost of more than US$10 billion, is the world's largest gas-fired power plant. Development
We are working hard and hope to get this mega gas fired power plant online and operational for Nigeria by the end of 2015. We hope we have your support to make this project happen fast for the people of Nigeria.
