Power firms need $2.5bn new capital – FG
Nigeria’s electricity sector is grappling with a severe capital shortfall, estimated at around N2 trillion ($2.5 billion), highlighting the urgent need for new investments to revitalize an industry crucial for the country’s 200 million residents.NYSC Portal According to Olu Verheijen, an adviser to President Bola Tinubu on energy, the power companies in Nigeria are over-leveraged … Read more