Nigeria's 5,000-Megawatt Power Plant Privatization Could Challenge Power Shortages

JOHANNESBURG--June 6, 2013--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--More than 40 local and international companies and independent investors are competing to take control of 10 new gas-fired power plants that the Nigerian government is putting up for sale in its privatization drive. This is a central element in the drive to end power shortages, which are hobbling the growth potential of Africa's resource-rich and most populous nation.