Nigeria: Country Loses Three Percent GDP Annually to Lack of Power - BPE

30 April 2012

inefficient power costs Nigeria three per cent GDP growth per annum, Director General of the Bureau of Public Enterprises, Ms. Bolanle Onagoruwa, has said.

Ms Onagoruwa, who made the observation at a breakfast session of the American Business Council in Lagos, warned that power outage would stifle the country's economic growth if the situation is not changed.

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