Investors wait for Nigeria’s power sector breakthrough

•AfDB, Islamic Bank offer $5 billion While the Federal Government continues to stridently call for private sector investment in the power sector, investors already consider Nigeria a viable market anyway, but are only awaiting clear policy guidelines on the engagement of private operators in power reforms. In fact, a host of potential investors, including multi-lateral financial institutions are on standby to line up funds to boost power generation and distribution. Even some state governments ...
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Added July 12, 2010
from Businessday Nigeria