Nigerian Power Sector: Opportunities and Challenges for Investment in 2016

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A summary of the existing power sector in Nigeria, current key initiatives, and opportunities and challenges for developers, investors and lenders.

Introduction -

During the launch of Power Africa in 2013, President Barack Obama declared “Access to electricity is fundamental to opportunity in this age. It’s the light that children study by; the energy that allows an idea to be transformed into a real business. And it’s the connection that’s needed to plug Africa into the grid of the global economy. You’ve got to have power.”

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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