Power Sector: Govt’s N1.5trn Intervention Unsustainable, Ineffective - AfDB Government’s intervention in Nigeria’s power sector has not only been ineffective but also unsustainable, the African Development Bank has said. AfDB’s acting Vice President, Power, Energy, Climate Change and Green Growth, Mr Wale Shonibare, said this in...

Power Sector: Despite N701bn Intervention Fund, Liquidity Crisis Persists   Despite approval by the Federal Executive Council (FEC), for a N701-billion Central Bank of Nigeria (CBN) facility to ameliorate liquidity crisis in the power sector, funding challenges remain a big issue. Unfortunately, more than a year after...