Nigeria’s electricity crisis: biggest challenge on investment and growth

Power supply in Nigeria is one of the biggest challenge on investment and growth in Africa’s largest economy. A lot of business people in the country rely on expensive diesel generators for their business and daily activities while a few others stay in darkness.

 

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In a bid to boost power supply, Nigeria in 2013,handed over its distribution firms to private companies but the situation still remains the same.

 

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Prepaid meters were introduced but consumers complained that they (meters) were difficult to get and even when one got them, they did not work properly.

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