This study focuses on Nigeria energy resources and its consumption. The present situation in Nigeria is that energy supply does not meet the energy demand. Energy is considered as the most important resources of any country. It is a well known fact that high rate of industrial growth of a country is a function of the amount of energy available in that country and the extent to which the energy is utilized. In our study, we classified energy resources on their basis of renewability which are; renewable and non-renewable energy resources. Under renewable, we looked at w ind, solar, water, biomass, and under non-renewable, we looked at fossil fuels which includes; coal, oil and natural gas. Analysis of solar energy consumption to other forms of energy was carried out and the way in w hich PV cell can be applied in energy generation was also enumerated. We also conducted three separate studies that were used to determine the measurement of the average wind speed in Sokoto, Imo, and Borno State for period ranging from three to ten years. The factors that lead to the inability of Nigeria to explore her rich natural energy resources were examined. We analyzed the energy consumption by sector from 1999 to 2004 with household sector having the highest percentage of the nation’s total domestic energy consumption. The strategies for optimum exploitation of the natural resources in Nigeria w ere also enumerated, which if they are properly followed or implemented, w ill solve the problem of energy imbalance facing this nation.