Nigeria Is Already Paying for Power—Through Tariffs, Debt and Generators
More than a decade after the power sector was privatised, many Nigerians still rely on generators while only about 5,000 MW of the country’s 13,000 MW installed capacity reaches the grid. At a recent Lagos business forum, former Power Minister Prof. Barth Nnaji argued that keeping tariffs below the cost of supplying electricity has contributed to the sector’s funding problems.
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