Nigeria: Power Assets’ Sale Won’t Solve Electricity Problems – Ex-NBET Boss

A former Managing Director of the Nigerian Bulk Electricity Trading Limited (NBET), Mr. Rumundaka Wonodi, has said that the proposed sale of five power generating plants by the federal government will not solve Nigeria’s perennial supply challenges, especially in the short-term. Wonodi, however, described the recent moves to dispose of the assets as more of a revenue generation drive, rather than stabilising the sector.

He advised that more states should be actively involved in getting experts to…


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