Analysis of Interrelated Factors Affecting Efficiency and Stability of Power Supply in Nigeria

In order to have stable and improve efficiency in power supply, there is need to analyse and understand the complex interrelated factors affecting the efficiency and stability of power supply. The factors that affect the efficacy and stability of power supply in any developing country/region could be classified as follows: government policy; economy factor; natural factor; society/community factor; effective energy management; skilled personnel; efficient technology and security factor. All these factors mentioned above have direct or indirect influence on the stability and efficiency of power supply. Various numbers of complicating factors that can prevent restructuring of energy sector to create electricity market that can improve efficiency of power supply in Nigeria are analysed. Suggestions of steps or actions that should be taken into consideration before proposing solutions to some of the problems of power sector are also highlighted in this paper.