Nigeria Continues Power Development, Despite Toxic Conditions

JOHANNESBURG--July 9, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Despite being the self-proclaimed "largest economy in Africa," Nigeria continues to develop its Power Industry under a toxic mix of uncoordinated regulation, legislation and corruption. Power on the grid has dropped below the modest targets set for 2014.

Within this article: Details on efforts by Nigeria to launch the Transitional Electricity Market (TEM); includes interests by General Electric (NYSE:GE).