Credit: Department of Commerce USA February 3, 2016 On Tuesday, January 26, U.S. Secretary of Commerce Penny Pritzker concluded the first leg of her fact-finding mission in Lagos and Abuja, Nigeria. She was joined by a group of senior U.S. business executives who comprise the President’s Advisory Council on Doing Business in Africa […]
Tag: power
Nigeria hands state power assets to private buyers
* Nigeria selling state power firm for $2.5 billion * Electricity shortages are huge brake on economy * More state power plants to be sold next year Nigerian President Goodluck Jonathan handed ownership of the bulk of the state electricity company to private buyers on Monday, completing one […]
Nigeria signs $1.3 billion power plant deal with China
Nigeria has signed a deal for Chinese state companies to build a $1.3 billion power plant, the finance ministry said on Sunday, part of efforts to end chronic electricity shortages that are a major brake on growth. Nigeria produces only a few hours of electricity a day, forcing those who […]
