Originally published by BusinessDay. Read the full story →
The Minister of Power recently declared that Nigeria requires over $100 billion in public and private investment across generation, transmission, and distribution to deliver reliable electricity. The figure is staggering. But is capital really the binding constraint? The privatisation of 2013, selling generation and distribution assets to private operators, was supposed to unlock efficiency; however, […] read more Does Nigeria need a $100 billion investment in the power sector?