FG Targets $10 Billion Power Investment with Private Sector Collaboration

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The Nigerian government has announced plans to partner with the private sector to address the $10 billion funding gap required to overhaul

the country’s power sector in the next five to ten years.

He highlighted that while the government has a vital role, only private-sector collaboration can bring the required capital and expertise. Both officials agreed that optimising current infrastructure performance and financing new projects would necessitate close collaboration between public and private entities.

To reassure stakeholders about the integrity of the process, Dr Ewalefoh also discussed the commission's measures to ensure accountability.

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