Nigerian federal government set to privatize power sector

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Friends Of NEGIP Network-A CIVIL voice for Sustainable Power Generation!
The Nigerian Government has approached us to help them put together a team of experts in the renewable energy industry to visit Nigeria in November 2010 and explore opportunities available in the industry.

“Therefore, as articulated in the electric power sector reform act, the private sector will be responsible for generation and distribution, while government will still own the transmission grid, but with private sector management. We are in the process of commissioning independent power producers, international oil companies to produce at least 5,000 megawatts of new capacity. These plants will begin production in 2012 and 2013. Government will provide the credit enhancement that will enable them invest in the construction of the power plants.”


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