Nigeria: Power Sector Reforms - Skye Bank, Rivers Partner On IPP

25 November 2012

In terms of job creation, Nigeria cannot be said to be doing it right in any way. As thousands of young school leavers are churned out by the nation's tertiary institutions every year, the problem of unemployment and the attendant socio-economic problems have continued to threaten the nation's match towards industrialisation and development.

However, industrialisation and development come on the wings of adequate and stable power supply as all industrial processes depend on stable and cheap electricity supply. Indeed, without exceptions, all developed nations rank high on the efficient power supply index to underscore the correlation between development and power supply.

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