BOP = Bottom of the pyramid. More than 40% of humanity live on less than $2 a day and this population lacks access to the marvels of technology and the opportunities this access brings. As technologies explode and prices halve while efficiencies and speed doubles, we are entering into an era of abundance where products and services are becoming more affordable.
India is taking the lead in this arena by designing specifically for people with low incomes. The Nano car and the newly unveiled $35 laptops (http://bit.ly/9RqF5a) are just examples of this new wave. As products become cheaper and more accessible, people have the opportunity to have more control over their lives and increase their capacity to do more for themselves.
The role of governments therefore in this era is to provide the basic services that are necessary for the citizenry to avail themselves of these technologies. Energy again is the core. We must provide universal access to energy at an affordable and environmentally sustainable price. Making available 1KWHr of energy for every household for at least 10 hrs pay day would power 6 LED light points, 2 ceiling fans or 1 room heater, 1 refrigerator (for food preservation), 1 television, 1 radio, 1 computer that would connect every individual to the world.
On this platform, a youth in the remotest village in Nigeria could get a world class education on Wikipedia or at MIT http://ocw.mit.edu/index.htm or other available open source education portal, for free and without having to leave his village!
But to achieve this we must provide access to electricity for all. Not by declaring a state of emergency but by clearly defining targets, communicating these targets and working together to achieve them. By 2012, the $35 laptop will be available around the world, by 2015 we might be struggling to get kids to use pen and paper because laptops will cost $20. But will we in Nigeria and Africa have the electricity to power them on?
Energy should be at the top of all developmental goals for developing countries. Providing energy is the bedrock for designing for the BOP. It is a huge market and India leads the way in recognizing this, Nigeria as a NET energy Exporter needs to lead in providing energy solutions for the BOP.