The Minister of Power, Prof. Bart Nnaji, has disclosed that Nigeria would require a regular capital investment of N520 billion to increase her electricity generating capacity from the current 4,200 megawatts (mw) to 13,000mw by 2013.
Nnaji also said that the federal government could not, on its own, undertake a fraction of this required investment in the electricity sector owing to its enormity and government's multifarious developmental agendas which were often at competition.
...
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.
AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 400 news and information items daily from over 100 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC.
Get the latest in African news delivered straight to your inbox
