Nigeria’s Power Generation: Analyzing the Cost Implication of Poor Generation on the Running Cost of Telecom Business in Nigeria

As we advance in the 21st century the major task is to develop our telecommunications as a way to liberate our people economically. Telecommunications is the frame of the evolving information society worldwide, Electricity is very important in our day to day activities such as powering our homes, schools, hospitals, offices, businesses, and it also advances industrialization. Electricity market is an area that always continues to attract an international attention and is a top agenda on the list of all governments worldwide. One of the major challenges to the advancement and stability of telecommunication in Nigeria is the issue of poor power generation. Despite the fact that telecommunication industries in Nigeria have recorded progress and stability, Nigeria’s power generation is still facing many problems ranging from slow growth in generation capacity to damage of electrical transmission lines and distribution equipment, poor maintenance of existing electrical equipment and corruption. The growth and expansion of telecommunication industries in a nation depends on the power generation. The telecommunication network will be put to maximum use if the nation has a very reliable and stable power supply, but on the other hand, if the power supply is poor, the telecommunication network is affected. That is why this paper takes a look at the poor generation in Nigeria, and how it has affected the operation of the telecommunication industries and the effect it has on telecommunication in Nigeria