A consortium of Western investors has presented their plan to invest over $5bn in Nigeria’s power sector, the Federal Government has said. According to information obtained from the Office of the Minister of Power in Abuja on Sunday, the investors would focus majorly on the renewable energy subsector of the industry.
It was further gathered that the consortium targets to also deliver 1,000 megawatts capacity of hybrid solar power within two years. The Special Assistant to the Minister of Power on Media and Communications, Aaron Artimas, who confirmed this to our correspondent in Abuja on Sunday, stated that the presentations by the investors were made to the Minister of Power, Sale Mamman…
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