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Nigeria again delays power sector privatisation

ABUJA (Reuters) - Nigeria has again pushed back the timeframe for selling off state-owned power assets, its privatisation agency said on Monday, another setback for reforms which investors hope will unlock the potential of Africa's second largest economy. Despite holding the world's seventh biggest gas reserves, Nigeria only provides its 160 million people with enough electricity to power a ...
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Added February 20, 2012
from Yahoo Nigerian News