For decades, Nigeria’s power sector has struggled to meet the need of its population. Despite having the potential to generate 12,500 Megawatts, the daily reality for most families and businesses is a flickering 4,000 Megawatts. This isn't just an infrastructure problem; it’s a systemic one.
In this episode of the Flywheel Economics Podcast, we sit down with Patrick O. Okigbo III, Founder of Nextier, to deconstruct the boldest attempt in a generation to turn the lights on. We are moving away from government subsidies and toward powerful reforms designed to transform the electricity sector in Nigeria including a model where individual states have the power to build, regulate, and sustain their own energy ecosystems.
This conversation offers a behind-the-scenes look at the mechanics of change and the hard choices required for a new dawn in Nigeria.
Special thanks to our guest, Patrick Okigbo III (Founding Partner, Nextier), for his invaluable insights.
About Flywheel Economics: We facilitate discussions on treating economies as ecosystems. By identifying and supporting natural flywheels, we explore how to enable sustained and equitable growth in the world’s most complex markets.
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