CHALLENGES TO ENERGY SUSTAINABILITY IN NIGERIA AS A DEVELOPING NATION AND THE WAY FORWARD

Energy is the power drive of economic growth and industrial development of any society, there is a clear correlation between energy consumption and living standards. The availability and consumption of energy is an index of prosperity on any nation. Nigerian’s energy need is on the increase, and her increasing population is not balanced by adequate energy development. Nigeria needs more energy to meet the rising in demand of energy, due to population increase, inevitable industrialization, more agriculture production and improving the standards. However, there are challenges due to economic, social, technical and political barriers. The challenges have to be overcome if energy development technologies are to be deployed to make a meaningful impact on the energy mix in the nation. This paper discussed the challenges confronting the energy sector and suggests solutions on how they can be managed.