Nigeria activates power purchase contracts in a new bid to improve supply

Issue 464 - 08 Jul 2022 - By Adaora Elemide , Jon Marks

Regulator Nerc began ‘a phased activation’ of power purchase agreements on 1 July, in another attempt to meet its 5,000MW electricity target. Officials believe the move can rebalance an industry in crisis, but stakeholders are unsure if the target is achievable and the public is wary of gimmicks ahead of elections in 2023, writes Adaora Elemide in Abuja, with Jon Marks in Brussels.

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