Stakeholders call for more investment to avert imminent power sector collapse

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From left, Programme Manager, Power Sector Recovery Programme, Kenny Anuwe; Publisher, BusinessDay Newspaper, Frank Aigbogun; President/Founder, Consumer Advocacy Foundation of Nigeria, Mrs Sola Salako-Ajulo; MD/CEO, Transmission Company of Nigeria, Usman Mohammed; Lagos State Commissioner for Energy and Mineral Resources, Olawale Oluwo and Managing Director, Sahara Power Group, Kola Adesina, during Sahara Power Round Table in Lagos, recently.

Stakeholders in the power sector converged on maiden Sahara Power Summit in Lagos recently on a mission to rescue the power sector from imminent collapse due to challenges of policy somersault, illiquidity in the sector and increasing ATC&C losses. Olatunde Dodondawa was there. Excerpts:

 

In a major policy directive in the power sector, the Minister of Power, Works & Housing, Mr Babatunde Raji Fashola, on May 15, 2017, declared four categories of…



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