THE NIGERIAN FEDERAL GOVERNMENT, AFDB OPEN TALKS ON COAL-TO-POWER FINANCING: A STEP IN THE RIGHT DIRECTION.
Adequate electric power supply is critical for the development of a country. It is a powerful means of economic and social development, and no country has managed to develop much beyond a subsistence economy without ensuring access to electricity for a broad section of its population. It has been said that depriving people of electric power is tantamount to castration.
Electric power can be generated through various sources of energy and Nigeria is abundantly endowed with four of these sources namely coal, oil, gas and hydropower. Despite Nigeria’s richness in these resources, Nigeria is one of the poorest countries when it comes to provision of electricity supply to its people.
Click here to download the full publication By Oluwatoyin Eyitayo (Mrs.) LLB, LLM, ACIArb.