What do you consider to be the biggest obstacle to the implementation of power sector reform?
What do you consider to be the biggest obstacle to the implementation of power sector reform?
Commodities have played a key role in Africa’s growth narrative for centuries, most notably at the Berlin Conference of 1884, when Europe’s imperial powers sought to divide up a continent based in part upon its abundance of natural resources. In the intervening years, African countries have churned out everything from platinum in South Africa to...
As domestic migration and population growth increase the pressure on urban waste management infrastructure, Nigeria’s federal and state-level policymakers are increasingly turning towards the private sector to attract investment and management expertise.
In the second half of July 2012 hopefuls submitted technical and financial bids for 17 of the 18 companies formed from the state-owned Power Holding Company of Nigeria (PHCN). With announcement of the preferred bidders for five out of six generation companies made in September 2012. An accumulated total of over $1bn had been offered for the power...
In terms of electricity production, Nigeria’s power sector faces many challenges. According to June 2012 remarks by Bart Nnaji, the former minister of power, the Power Holding Company of Nigeria (PHCN), which is being unbundled, had debts of N400bn ($2.56bn). With its own plants gas-fired, PHCN had been paying just 50% of what it owed for that gas...
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