NIGERIA TO ACCOUNT FOR 60% POWER INVESTMENT IN W/AFRICA

Nigeria is expected to account for about 60 percent of the projected investments in power in the West African sub-region by 2040, the International Energy Agency, IEA, has said.

In its latest report, IEA said that bringing the electrification rate in sub-Saharan Africa up from 32 percent today to 70 percent in 2040 is estimated to cost about $205 billion in capital investment, less than one-fifth of total power sector investment in the region.

Read more @ SweetCrude Reports