The lack of power has been among the biggest obstacles to higher levels of economic growth, and Nigeria is in the midst of a long and complex effort to increase electricity supply by more than fivefold by 2020, from the current level of about 3400 MW to 20,000 MW. The immediate result of this is a spike in demand for capital to rehabilitate existing capacity and add new...
Nigeria
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Articles & Analysis | Expanding access to electricity and clean water in Nigeria from The Report: Nigeria 2015
Interviews & Viewpoints | Chinedu Nebo, Minister of Power: Interview from The Report: Nigeria 2015
How would you rate the effectiveness of efforts to privatise the power sector thus far?
Interviews & Viewpoints | Adewale Tinubu, Group CEO, Oando: Interview from The Report: Nigeria 2015
To what extent is the recent ConocoPhillips acquisition inciting more asset sales to indigenous firms?
Articles & Analysis | The oil and gas landscape evolves for local and international producers from The Report: Nigeria 2015
The landscape of onshore exploration and production (E&P) joint ventures has shifted considerably in recent years. Nigeria and Angola, the two most mature oil players in Africa, have witnessed the most mergers and acquisitions (M&A) on the continent of late, according to Standard Chartered. With some 2.2bn barrels of oil equivalent (boe) sold by international oil...
Articles & Analysis | Demand for refined petroleum products pushes capacity expansion in Nigeria's energy sector from The Report: Nigeria 2015
Given the scale of demand for petroleum products in both Nigeria and the broader ECOWAS region, the country stands to gain significant export revenues if it increases downstream production. Nigeria’s four refineries, though they raised their capacity utilisation rate somewhat in 2014, remain low at around the 30% mark overall, despite being allocated their full capacity...