Overview

The National Energy Policy of Nigeria, 2003, is a comprehensive document issued by the Presidency through the Energy Commission of Nigeria. It outlines a coordinated and coherent policy framework for the sustainable development, supply, and utilization of energy resources in Nigeria. The policy addresses the need for an optimal energy mix, given Nigeria's abundance of energy resources including oil, natural gas, tar sands, coal, nuclear, hydropower, fuelwood, solar, biomass, wind, hydrogen, and other renewables. It emphasizes the importance of energy in economic development and aims to overcome the fragmentation of previous sub-sector policies. The document covers energy sources, utilization across sectors (electricity, industry, agriculture, transport), energy issues (environment, efficiency, research, international cooperation), financing (including indigenous participation), and planning/implementation with prioritization into short, medium, and long-term strategies. Key goals include ensuring energy security, promoting indigenous participation, attracting private investment, and fostering environmentally sustainable practices.

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