A SEMINAR ON THE POTENTIALS OF THE MINI-GRID AS A DRIVER OF THE NIGERIAN ECONOMY
ABSTRACT
The study examines the Potentials of the Mini-grid as a Driver of the Nigerian Economy. In achieving this aim, the following specific objectives were laid out to examine the impact of mini-grid in Nigerian economy, presents the opportunities that have been used in mini-grid in Nigeria, determine the challenges of implementing mini-grids in Nigerian economy systems, and find out how government financing mini-grids Nigeria. Nigeria is a country with a population of over 170 million; it is rightly the most populous country in Africa and the eighth most populous country in the world. According to the United Nations, one in six Africans is Nigerian. It is a regional power, listed among the “Next Eleven” economies, and a member of the Commonwealth of Nations. Nigeria’s Gross Domestic Product (GDP) was revised in 2013. As a consequence of the re-basing, the estimate for Nigeria’s GDP in 2013 was revised upward from 42.4trillion Naira to 80.2trillion Naira ($500 billion), an 89% increase. But for over two decades, Nigeria has experienced problems in the area of electricity generation, transmission and distribution. The population growth rate is projected to be between 2.5 and 2.7% per annum in the next 20 years. The population of Nigeria is therefore forecast to potentially grow to 310 million by 2035. The study will be beneficial to shareholders and interested persons, this study is expected to enkindle their interest the more and they will take note of various recommendations mentioned here and help steer the government and as well ministry of power towards implementing policies on mini-grid.
CHAPTER ONE
1.1 Introduction
A mini-grid refers to a stand-alone power system or an integrated local generation and distribution system with installed capacity below 1MW, capable of serving numerous end‐users independent of the national grid. A mini-grid can provide constant and affordable electricity in remote places where the population density is too low to economically justify connecting that community to the national grid and represents viable and cost effective solutions for the electrification of Nigerian communities through a decentralized energy system (Primeraal, 2021).
As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitations of the Study and Definition of technical terms.
1.2 Background of Study
Mini-grids are essentially localized electricity networks that supply several users, whether households or businesses. They can be grid-connected, but they do not have to be. And, as a new report from the Africa Progress Panel (of which one of the authors is a member) shows – and as another report by the Rocky Mountain Institute underscores – mini-grids are an important piece of Africa’s energy puzzle. Mini-grids can have a major competitive advantage over grid extension in rural and remote areas, because they can provide electricity more quickly and at much lower cost. Because mini-grids require less capital investment than grid expansion, it can be easier to secure financing for them, meaning that they can electrify communities that might have to wait years for a grid connection (Mini-Grids, 2017).
Mini-grids also have a distinct advantage over off-grid systems: greater power generation. Productivity-enhancing farm machinery, for example, usually requires more power than off-grid household systems can provide (Strive and Richard, 2017). Moreover, mini-grids can be used to increase the resilience of existing electricity systems. Power cuts on the main grid can affect a large number of businesses and households, and it can be difficult to restore services quickly. Mini-grids can ensure that consumers retain access to power when the grid suffers interruptions (Mini-Grids; 2017).
Despite these benefits, the potential of mini-grids to help address Africa’s energy challenge has yet to be tapped. Reliance on mini-grids is expanding more slowly than in other world regions, with Africa being more likely to implement off-grid systems. One obstacle is the lack of proven commercial business models and adequate and appropriate forms of financing. Another is that policy frameworks often are not accommodating. And many developers and operators lack the requisite knowledge and experience (Mini-Grids, 2017).
Therefore, in Nigeria where the research was carried out, the activities that was conducted is to know the Potentials of the Mini-grid as a Driver of the Nigerian Economy.
1.3 Statement of Problems
Despite impressive economic development in recent years, Nigeria still lags far behind on energy, with almost two-thirds of the continent’s citizens lacking access to electricity. While getting more power to the people is an important goal, extending electricity grids is expensive and slow. Meanwhile, off-grid options may not be sufficient to meet people’s energy needs. Fortunately, there is a third approach that can help fill in the gaps: mini-grids.
The situation is ripe for change. With the United Nations sustainable development agenda ambitiously targeting universal access to energy by 2030, policymakers are paying more attention to electrification, and development-finance institutions and partners are making more funding available. Meanwhile, the cost of renewable energy is falling; energy efficiency is improving, both for generating equipment and for the machines to be powered; and innovative digital technologies are facilitating the management of electricity services (Mini-Grids, 2017).
1.4 Aim and Objectives of Study
The aim of the study is to examine the Potentials of the Mini-grid as a Driver of the Nigerian Economy. In achieving this aim, the following specific objectives were laid out as follows:
- To examine the impact of mini-grid in Nigerian economy.
- To presents the opportunities that have been used in mini-grid in Nigeria.
- To determine the challenges of implementing mini-grids in Nigerian economy systems.
- To find out how government financing mini-grids Nigeria.
1.5 Significance of Study
In this study, the researchers have set out to investigate the potentials of the mini-grid as a driver of the economy. Therefore, this study is expected that it will be of immense interest to the governments at all levels.
To shareholders and interested persons, this study is expected to enkindle their interest the more and they will take note of various recommendations mentioned here and help steer the government and as well ministry of power towards implementing policies on mini-grid.
This study will also help to serve as literature (reference source) to students, individuals or corporate bodies into what to carry out on further research on the potentials of the mini-grid as a driver of the economy.
1.6 Scope of the Study
The study is concerns with a seminar on the potentials of the mini-grid as a driver of the Nigerian economy.
1.7 Limitations of the Study
During the course of this study, many things militated against its completion, some of which are:
- Time Constraint: The time frame given to accomplish this project was very short due to school academic calendar and it was carried out under pressure which made the researcher not to implement some necessary features.
- Research material: availability of research material is a major setback to the scope of the study.
- Frequent power failure: This made the researcher append more money on fuel to ensure sustainable power.
- Financial Constraint: Insufficient fund tends to impede the efficiency of the researcher in sourcing for the relevant materials, literature or information and in the process of data collection (internet).
1.8 Definition of Terms
Electricity: is the set of physical phenomena associated with the presence and flow of electric charge. Electricity gives a wide variety of well-known effects, such as lightning, static electricity, electromagnetic induction and electric current.
Economic Growth: is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.
GDP: the gross domestic product (GDP) is one of the primary indicators used to gauge the health of a country’s economy. It represents the total dollar value of all goods and services produced over a specific time period; you can think of it as the size of the economy.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
Procedure for Downloading the PDF (Docx) Material
A Seminar on the Potentials of the Mini-Grid as a Driver of the Nigerian Economy can be downloaded by requesting the full set of materials at the project or seminar cost. The document will be sent via Microsoft Word (MS-Word) format via WhatsApp (e-mail) following payment confirmation.
| Seminar Material Cost ₦3,000 | Project Material Cost ₦5,000 |
Request Complete Material
 | Click here to request the Complete Material via WhatsApp including;
|
Disclaimer for Complete Material Utilization
The displayed research work titled "A Seminar on the Potentials of the Mini-Grid as a Driver of the Nigerian Economy" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
Frequently Asked Questions (FAQ)
Can the material for “Design and Simulation of Secure Virtual Private Network (VPN) Over an Open Network (Internet) Infrastructure” be used as a guide for Computer Science (CS) Project?
Yes it can be used — The world has changed a lot in the last couple of decades. Instead of simply dealing with local or regional concerns, many businesses now have to think about global markets and logistics. Many companies have facilities spread out across the country or around the world, and there is one thing that all of them need, a way to maintain cost effective, fast, secure and reliable communications wherever their offices are. Virtual Private Network (VPN) allows computer or network to connect to each other over the internet securely. In the old style of communication basically with telephone it does not allow free flow of message transfer, but with internet and VPN it’s free flow of data transfer and also makes it …
Can the material for “Design and Implementation of an Online Information Security System” be used as a guide for Computer Science (CS) Project?
Yes it can be used — Online Information Security System has always played a vital role in the stability of a nation. The aim of the study is to design and implement an Online Information Security System. In achieving this aim, the following specific objectives were set out to build a database system for police security information, develop a software for managing security information, and determine the effectiveness of Nigerian police in managing signal. The motivation that led to the implementation of the new Online Information Security System is that, keeping security information manually in the existing system can hinder some defense program and delay passage of security information to the appropriate body and the manual documentation of security information can lead to exposure of the …
Can the material for “The Impact of Leadership Styles on Staff Performance” be used as a guide for Economics Project?
Yes it can be used — Leadership style is the way which influence process is exercised. It is the characteristics ways in which the leadership relates to their employees. The study was carried out to investigate the Impact of Leadership Styles on Staff Productivity Performance in Imo State Polytechnic Library. In achieving this aim, the following specific objectives were laid out to find out the impact of Leadership Styles on Staff productivity and performance in this library and factors responsible for the choice of leadership style in the library of Imo state polytechnic, Umuagwo. The research design used in this report is descriptive design, utilizing questionnaire method to obtain information from the respondents for this project. Primary data were collected from the primary source which questionnaire …
Can this topic “Tax Administration in Nigeria; An Evaluation of Tax Evasion and Avoidance” be used for Accountancy / Accounting Project?
Yes it can be utilized for research — This study aims to evaluate the causes and effects of tax evasion and avoidance in Lagos state and proffering solution to the menace of these tax irregularities. The total number of one hundred and twenty seven (127) was used to analyze the opinion of eligible tax payers in Lagos state. The hypothesis were tested on the relationship between the tax evasion and tax avoidance and the administration of taxation by the government and the relationship between tax evasion and tax avoidance and the tax rate. Statistical package for social science (SPSS) was employed in analyzing the questions in the questionnaire and chi-square was used to test the hypothesis . The study revealed tax administration in the country with particular reference to …
Is the topic “Funding in Health Care System: Issues and Solution” recommended for Public Health Project?
Yes it is highly recommended — Health care funding can be defined as the mobilization of funds for healthcare services. The study was carried out to determine the Issues and Solution of Funding in Health Care System in Nigeria. In achieving this aim, the following specific objectives were laid out to investigate the factors affecting the financing of primary health care, determine whether the health services that are available are affordable to those that need health services and evaluate the long-run relationship between federal government health funding and economic growth in Nigeria. The research design used in this report is descriptive design, utilizing questionnaire method to obtain information from the respondents for this project. A total of 80 (eighty) respondents were selected for this study to …
Can the material for “Socio - Economic Status and Children’s Educational Life Chances” be used as a guide for Education Project?
Yes it can be used — This study investigates the relationship between socio-economic status and children’s educational life chances using the peasant farmers of Basawa and Bomo districts of Sabon Gari Local Government Area of Kaduna State as a case study. The study was embarked upon to find out the impact of socio-economic status on children’s educational life chances. Some of the problems of the study area stated in this work are; children’s low school enrolment due to their parents’ low socio-economic status, children’s educational achievement depending on parents’ education, and effects of gender on children’s education. The population of the study are teachers and students in SS1 in Basawa and Bomo districts and target population of 264 students and 48 teachers were sampled. The study which …
Can the material for “Determination of Caffeine in Cola and Energy Drinks” be used as a guide for Science Laboratory Technology (SLT) Project?
Yes it can be used — The purpose of the research work is to determine the Caffeine in Cola and Energy Drinks. In achieving this sole aim, the following objectives were set out to examine the Caffeine Content in beverages in Energy Drinks, determine the caffeine and aspartame concentrations of the energy drinks, determination of the carbohydrate (sugar) contents, and determine the physicochemical properties of energy drinks. The motivation that led to this research work is as a result of inadequate provision of information relating to Caffeine Content in beverages in Energy Drinks, and insufficient information of therapeutic effect of caffeine and aspartame concentrations of the energy drinks. Energy drinks have established an enviable position in the beverage market as evidenced by their commonplace consumption. There …
Can the material for “Public Expenditure and the Role of Accounting in the Control of in Nigeria” be used as a guide for Accountancy / Accounting Project?
Yes it can be used — This research work is titled “The role of Accounting in the control of public expenditure” the incessant incident of budget deficit, misappropriation and embezzlement of project fund due to lack of good accounting system constitute the problems that necessitated this research. The main objectives are: To ascertain whether adequate budgeting can regulate public expenditure, to ascertain whether a good accounting system can ensure transparency and accounting in execution in public expenditure and evaluate standard of costing impact on the control of public expenditure. Data for this work was obtained using questionnaire. The z test formular was used to test the hypotheses, the sample size is (50) fifty, this actual sample size was used because the size was not large. Some …
Can the material for “Assessment of Potentials of Waste to Wealth” be used as a guide for Environmental Science Project?
Yes it can be used — Municipal solid wastes re-use and recycling have multiple socioeconomic and environmental benefits that have not been adequately examined in Zaria, Kaduna State, Nigeria. The objectives of this research are to: examine the socio-economic and demographic characteristics of waste management entrepreneurs; identify the sources and destinations of recyclable municipal solid waste; analyse the quantity of waste materials (metal scraps, plastics and cans) recovered, reused and transported for recycling; identify the type of uses recyclable materials are put into in the study area; and examine the socioeconomic benefit of waste re-use and recycling. A total of 252 scrap metal/plastic collectors, scavengers and artisanal recyclers‘ were studied using purposive and snowball sampling techniques. Tables, percentages, charts and multiple linear regression techniques were used …
Can the material for “Sales and Usage of Second Hand Clothing among Nigerians” be used as a guide for Sociology Project?
Yes it can be used — This study investigates the sales and usage of secondhand clothing in Alimosho local government area of Lagos State. Sales and usage of secondhand clothing is a major occupation, for which, Igbo people are famous. With the economic downturn, more Igbo people have taken to the sales of secondhand clothing. This study is carried out with duly valued questionnaires and indepth interview were used as instrument to collect primary data from 150 respondents from various market in Alimosho which are Kantagua. Igando, Ikotun and Egbeda market for statistical analysis. The results of data collected were analyzed and transcribed with Pearson’s Product moment correlations statistical tool to test the three (3) hypotheses formulated. The result of the three hypotheses tested indicated that: …