Minister of Power don blame grid collapse on vandalism and bad maintenance

Federal Government dey look for support from private sector to cover $10bn funding gap for power industry

November 14, 2024

Federal Government don plan to collect part of the $10 billion wey dem need to provide steady electricity across Nigeria for the next five to 10 years from private sector. Na wetin dem talk about when Director General of Infrastructure Concession Regulatory Commission, Dr. Jobson Ewalefoh, visit Minister of Power, Adebayo Adelabu, for Abuja.

Dem two agree say because of the money and technical requirement wey dey needed to improve Nigeria power sector, e don become important to bring in private sector through Public Private Partnership (PPP) to help co-finance and provide expertise wey go make sure say power infrastructure work well.

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