Power, Works & Housing
ANN believes that Power, Works and Housing are the bedrock of Nigeria’s Industrialisation and critical to growing an economy that works for all Nigerians; and that ‘Energy and Power’ are of National Security importance.
We believe that the ‘Ministry of Power, Works and Housing’, provides us the opportunity for policy-integration in the built environment: linking improved economic performance in the real sector to creating decent tax-paying jobs and enabling the well-being of Nigerians for Social Progress.
The Ministry under ANN government will tackle the structural challenges by taking a holistic review of the Power value chain in Nigeria looking at our unique and diverse energy mix. We will carefully analyse issues to do with appropriate (mix of smart, green, etc.) technology and financing models; existing inefficient power generation and implication on business disruptions; as well as how best to finance and manage more efficient generation, transmission and distribution value chains to determine the best policy options to transform the Power Sector in ways that Nigerians can afford for businesses and for well-being.
ANN government believes that the best way to solve the Power problem that is dragging back the Nigerian Economy is to engage with the private sector to invest in the entire value chain of Nigeria’s diverse energy-mix through generation, transmission and distribution.
ANN government will create an investment environment that will enable private investors to invest longer term in Power.
ANN government will support Power Sector Research and Development in Nigerian Universities especially smart Solar and Battery Technologies; Perovskite Technology; and also support collaborative partnerships between Nigerians and foreign investors into local manufacturing of hardware for generation, transmission and distribution.
Power Generation and Transmission Systems Strengthening and Security
ANN government will use its comprehensive “Nigerian Economy that Works for All” supported by legislation, CBN and States with appropriate regulation to fix all of the existing structural constraints in the economy. This will enable us to pitch the compelling investment case with interested private partners and provide them with the right incentives to assure on long term investments that will transfer Technology and Managerial skills to Nigerians in the medium to long term. This will create decent tax-paying jobs directly and in other sectors; and compensate Nigeria’s fiscal positions.
ANN government will use its comprehensive “Nigerian Economy that Works for All”, supported by legislation, CBN and States to engage investors and consumers collaboratively to address inefficiencies resulting from power distribution-related losses and wastes; and safety issues and insurance – all of which build-in costs to end-users – for appropriate prevention and mitigation strategies. So, working with States and LGAs, power distribution companies, consumers, traders and other stakeholders, ANN government will strive to address:
- Improvement in the planning, mapping and development of rural and urban areas; towns and cities; layouts of business and residential districts for towns and cities; and the use of data and technology to estimate Power requirements and demand trends for supply planning and load delivery.
- Enforcement of compliance with uniform national standards for electrical (cables, fittings, appliances, etc.) for both made in Nigeria and imported products in other to reduce electrical hazards; supply disruptions; waste; and to allow for faster training of electricians and the creation of decent tax-paying jobs.
- Investments in smart, renewable and cheaper Technologies to Power homes, communities and businesses.
ANN government will work with the Legislature, CBN, States; LGAs; Banks, the private sector, communities and Nigerians to launch an ambitious Social Housing Programme, “A House for Every Nigerian, Road to Every House”. The programme would potentially enable most Nigerians to own a house by mobilising a combination of cooperative models/building societies (depending on whether it is rural or urban housing, including community-built and self-built schemes); and mortgages with subsidies for first-time home owners/buyers (targeting youths) checked on national database.
- Massive Social Housing Programme will be strategic with multiplier effects on the economy in expanding opportunities and creating tax-paying jobs and creating demand for made in Nigeria goods and services.
- Large scale Social Housing will increase local manufacturing and inputs into housing value chains: building designs and construction; finishing, fittings and furnishing.
- Social Housing Programme will be used as a skills acquisition ‘factories’ to train Nigerian in bricklaying and masons; carpentry and woodwork; plumbing; electrical and metal-works; joineries; painters; etc., to absorb Nigerians that missed out on formal education and training in earlier years into a productive workforce in ways that the economy can account for.
- Large scale Social Housing also has potential to incorporate incentive schemes, to build social capital across Nigeria for ‘unity and inspiration’, and ANN government will explore this.
Transforming the Administrative State
We are inspired by the resilience and the illimitable spirit of Nigerians, who remain faithful and committed to our country, and are driving the momentum for real change.