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Nigeria’s electricity crisis: biggest challenge on investment and growth

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Power supply in Nigeria is one of the biggest challenge on investment and growth in Africa’s largest economy. A lot of business people in the country rely on expensive diesel generators for their business and daily activities while a few others stay in darkness.

 

In a bid to boost power supply, Nigeria in 2013,handed over its distribution firms to private companies but the situation still remains the same.

 

Prepaid meters were introduced but consumers complained that they (meters) were difficult to get and even when one got them, they did not work properly.

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