The Nigerian Power Sector Reforms: Overcoming Post-Privatization Challenges

Due process and transparency must be strengthened, in all appropriate quarters where decisions are taken on licensing, subsidy, power-purchase-agreements, operational equipment procurements and metering etc. In similar vein, efforts must be made to improve on security of lives and property and by so doing, encourage a business-friendly atmosphere nationwide.

Conclusion

At any rate, after a critical analysis of the sector, it is our view that enormous opportunities abound in same. The opportunities include investing in provision of services, selling products that are useful in the sector, providing installation services amongst others.

Finally, the Nigerian electric power sector is still in the process of re-birthing and this is indeed a ‘golden’ moment to invest in Africa’s most populous nation and biggest economy, which incidentally and arguably, boasts of the largest consumer market in Africa.

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