Commissioning of Geometric’s 141MW Aba gas-to-power plant adds sorely-needed on-grid capacity. Selling to its own ringfenced distribution network, Aba also points to a potential new model of vertical integration. Meanwhile, the Tinubu government’s bold macro reforms have contributed to a significant economic crisis. It is nonetheless pushing on with efforts to repay $2.16bn owed to IPPs, although some question where the money will come from, write Leonard Lawal in Lagos and Marc Howard.
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Power, Resources, Strategy & risk
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Is real energy sector reform possible in poly-crisis Nigeria?
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