Uninterrupted supply of adequate, safe, stable, affordable and sustainable electricity is the backbone of sustainable entrepreneurship development, industrial and economic growth. However, electricity is the major factor slowing down entrepreneurship development in Nigeria. Its supply is not only epileptic, but is inadequate with regular and frequent outages, interruptions and load shedding affecting daily business hours and activities in urban and rural areas. Currently, Nigeria relies on centralized power system dominated by thermal power and hydropower plants, which requires power to be supplied from the central power generating stations through the transmission and distribution lines to all the urban and rural communities. While the power generation, transmission and distribution capacity are inadequate, there is also total absent of transmission and distribution lines in many urban and rural areas which has affected daily life and businesses in these areas. The solutions to these involve building additional or expanding existing large power plants, expanding and extending transmission and distribution lines and equipment capacity to supply adequate electricity to areas without access to electricity. This requires huge funds and investment and can take longer time. The consequence is that many entrepreneurs resort to selfgeneration of power from generators using conventional sources of energy such as petroleum and diesel. This further increases the cost of starting and operating entrepreneurship businesses as well the negative effect on environment. Successive Government over the years, have made power reform policies with very little improvement in electricity supply. This paper examines the state of power supply in Nigeria and made recommendations towards improving power supply for a sustainable entrepreneurship development. One very important recommendation is for the country to shift from a centralized power system to a distributed generation with energy mix utilizing renewable energy sources in areas with abundant renewable sources.

Keywords : Nigeria, Power Supply, Entrepreneurship Development, Renewable Energy Resources, Distributed Generations, Sustainable Power Supply