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We are one of the largest markets in Africa with over 160 million individuals. We are counted among the three foremost economies in Africa together with Egypt & South Africa with a flourishing oil & gas sector and a flourishing telecoms industry. Our film industry is deemed to be the third largest in the world as well as the largest manufacturer of house videos in the world. International companies especially in the telecom market Nigerian such as MTN, Zain, Globacom, etc are smiling to the banks with millions of dollars; business for them is great. However, these companies think that business would be better if government put some structures in place that will create a better enabling environment which in turn will enhance their services to their customers. Of all these structures power generation seems the most vital. MTN claimed the primary reason for the high tariff they charge for their service is as a result of the epileptic power situation intrinsic in the nation. They claim to have invested about 6 billion naira on diesel for their generators in 2007. Small and medium scale companies appear to be the worst hit. When previous head of state Obasanjo came into power in 1999 he promised to deal with the concern of power within 18 months but it simply expanded worse after his 8 year tenure. It is rather astonishing when we compare ourselves with other country in Africa in terms of generation strength. Ghana keeps on commemorating power security, South Africa with an estimated population of 40 million produces about 45,000 mw of electricity. Nigeria, believed to be of a typical population of 140 million still struggles with an ever-changing power generation of in between 1500mw and 2000mw. Government must recognize the significance of Power. The likely option to name a few would be for various private institutions to take up the challenge, practically not truly concentrating on what one's country can do for it but exactly what it can do for its nation. Colleges, specifically private ones, must come up with alternative ways of power generation that would be cost efficient and efficient either by means of solar, coal, waste products etc. Banks, oil business ought to help sponsor projects. They assured to sponsor tasks pertaining to electrical power if they see it is feasible. Another option would be the privatization of the power sector. Currently there is blue print for this. Government has the duty of making it a beneficial endeavor for its prospective investors.