Privatisation of power generation assets in Nigeria
The effort to privatise Nigeria’s electricity sector is far from new – it was discussed as early as the late 1990s and the basics were outlined in the 2001 National Electric Power Policy. The spate of policies rolled out over the past two decades came from different administrations, but share a belief that a healthy national power system – one able to meet domestic needs – is unlikely as long as the government is the owner and operator of the system. That is, in part, because the federal budgeting process spreads money across many areas of need, leaving capital-intensive infrastructure like electricity short of the
