Nigeria’s Electricity Crisis | $2.5 Billion Capital Shortfall Sparks Urgent Call for Reforms
The Nigeria’s electricity sector is grappling with a staggering capital deficit of approximately 2 trillion naira ($2.5 billion), as highlighted by Olu Verheijen, an advisor to President Bola Tinubu on energy. This pressing financial gap has left the industry in a precarious state, struggling to cater to the power needs of its 200 million residents….