Power Outages a Stumbling Block for Nigerian Small Businesses

According to the World Bank, the cost of power shortages in Nigeria is estimated at approximately U.S.$29 billion. The figure is equivalent to 2% of the country's Gross Domestic Product. The Bank says that about 47% of Nigerians do not have access to grid electricity and those who do have access, face regular power cuts, writes Oladeinde Olawoyin for Premium Times.

InFocus

Electricity outages are having an impact on small businesses in Nigeria (file photo).

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