Potential economic and social benefits of promoting energy efficiency measures in Nigeria

The paper discusses with lucid examples the potential economic and social benefits of promoting energy efficiency measures at the industrial, institutional, and domestic levels in Nigeria. It draws attention to the development of energy efficiency market as a means to meet the ever increasing demand for energy services in Nigeria. Energy saving opportunities and high investment returns in the replacement of incandescent lamps with compact fluorescent lamps and light-emitting diodes are highlighted. The need for appliance standardization and exploitation of the synergy between energy efficiency and renewable energy systems was pointed out. Equally highlighted are some of the perceived barriers to energy efficiency initiatives in Nigeria. The urgent need for public awareness creation, institutional strengthening, and partnership with international agencies for sustainable energy efficiency promotion measures in Nigeria is stressed.