Power sector in Nigeria, by AFA press partners

One team: one country. One country: one objective. In this case, the objective was to offer to the readership of The Times an advanced and actualized view on Nigeria’s economy, prospectus, situation and opportunities. For that purpose, a team from Upper Reach, one of AFA Press partner agencies, was sent to the country where they were living for several months in order to understand the country’s reality, investigate its economy and businesses and interview the main characters and decision makers on the country. After all their efforts, an special country report was distributed within the aforementioned media on Monday, December 10, 2012, and it’s also available at Worldfolio, the digital platform where the journalistic projects of this AFA Press partner can be read on-line.

As reflected in the publication, one of the main aims of the country’s government is to reduce the monopoly of the administration in the energy sector through a privatization of part of its energy estate-driven companies, in order to pursue efficiency, while offering an already established infrastructure. Nigeria owns 6 energy generating companies and 11 distributors: the purpose is to privatize all but one in both cases.

About this project, in which he was involved, former Minister of Power Barth Nnaji explains: “We are not preoccupied with just power generation, but also committed to the development of the entire value chain in the sector. With the gradual but steady improvement in power we expect a dramatic increase in the demand for electricity because our nation currently experiences significant suppressed demand.”