(PHOTO: TIMON SCHNEIDER BY GETTY IMAGES) October 21, 2021/IMFBlog By Andrea Pescatori, Martin Stuermer, and Nico Valckx Soaring natural gas prices are rippling through global energy markets—and other economic sectors from factories to utilities. An unprecedented combination of factors is roiling world energy markets, rekindling the memories of the 1970s energy crisis and […]
OPINION/EDITORIAL
Spotlight on the Nigerian Power Sector
October 21, 2021/Proshare By FBNQuest Power is a major catalyst for productivity and growth in any economy. According to the 2021 tracking SDG7 report, as at 2019, Nigeria had the world’s largest energy access deficit, with 45% (90 million) of its population lacking access to electricity. Nigeria held the same […]
The Nigerian Power Sector; Still in Muddy Waters
October 21, 2021/CSL Research According to a recent by the punch newspaper, Dr. Joy Ogaji, the executive secretary for the Association of Power Generating Companies alleged that Generating Companies (Gencos) have recorded a loss N1.66tn in seven years due to non-payment of deemed capacity. According to the association, deemed capacity […]

