So it's not as easy as just opening a pizza chain.
Somebody has to opening a Coal Energy Plant or a Nuclear Power Plant, and provide afforable energy to factories to produce food product.
Basically requires billions of dollars of investment. Just for a decent slice of pizza.
I honestly didn't even think of this, i take shyt for granted.
Lol, let's not take it too far. There are a lot of domestic food chains in Nigeria that do well, but electrification of the country hasn't happened like it should have for Nigeria to really become a manufacturing powerhouse and support large scale industry.
Last I read, the national grid provides as much energy in the entire Nigeria as the city of Boston or something of that scale. Installed capacity is less than 10x that of South Africa despite Nigeria having 3 times the population. There's also an issue with energy distribution e.g. 1000 MWs of energy is generated but only 700 MWs can be distributed because of infrastructure issues.
What you have is private enterprises and homes having to rely on private generators (often diesel) to keep businesses going. Private generation is very costly and can eat into your margins big time, so you really only see large enterprises flourish. SMB (Small and medium businesses) often struggle.
But it's not all doom and gloom. There's been a strong push in renewable energy, particularly solar energy and increased use of battery technology to store power for later use. You're starting to see more and more SMBs use solar energy for private generation seeing as Nigeria receives ample sunlight year round. My boy (28) even has his own solar company and they turned a profit last year. There looking to expand their operations to support small scale manufacturing.
Nigeria has it's share of problems but there is a lot of opportunity. If it's broken, there's an opportunity to fix it and make bread.
Some people like Nigerians, some people have no opinion and some don't like them. To say that's how they are viewed on the continent is a gross exaggeration. Take this from a Nigerian who's actually been to various African countries and interacted with people on ground.
This seems personal for you. Ya wrinkly lonely mama been sending western union to a sharp Naija breh?
