ISSUES ON INSTABILITY IN POWER SUPPLY AND ENTREPRENEURIAL PROWESS OF NIGERIANS - HOPES OFFERED BY NUCLEAR ENERGY

Oyelaran Tolulope Ezra
Department of Chemistry, Adeyemi College of Education, Ondo.
 And
Emmanuel Faith Igwe
Department of Physics, Adeyemi College of Education, Ondo
Email Address: esdratolulope@gmail.com and esdratolulope@gmail.com
 

ABSTRACT
Not hidden is the fact that epileptic power supply is a threat to Nigeria economy especially the upcoming entrepreneurs who need electricity to carry out a lot of their activities. In Nigeria, only about 4,000 MW is realizable out of an installed capacity of 6,000 MW in the national grid. Also, pipeline defacement disrupts the supply lines to the few functional plants, while water shortage incapacitates the effective functioning of the nation’s hydroelectric power plants. These factors along with the increasing national energy demand made Nigeria and other nations who are also in the same predicament to be on the lookout for a way out of their energy crisis. In the quest of doing this, nuclear energy was discovered to be an attractive option as the Federal Government have mandated the Nigeria Atomic Energy Commission (NAEC) to look at the possibility of using nuclear power to generate electricity. Nuclear power has not only been adjudged economically competitive and environmentally friendly, but is also a viable alternative for long-term energy security. It have low operational costs and long life spans. Meanwhile, there are several factors that are not favourable for the adoption of nuclear energy. Hence, this study will mainly examine the current challenges that can hinder nuclear energy implementation and the way forward. 


Keywords: economic development, sustainability, power sector, nuclear energy, energy crisis, nuclear power plants, electricity.