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Nigeria looks to more realistic gas pricing to relaunch electricity industry

Goodluck Jonathan’s Presidential Action Committee on Power (PACP) must produce a workable blueprint for the sector before end-May, the acting president told journalists on 21 April. Jonathan has retained the electricity portfolio in his new cabinet, working with minister of state Nuhu Somo Wya in another effort to overcome crippling power problems, which, according to Jonathan, have left Nigeria in a state of “semi-emergency”. Again, the government is focusing on reform within a solid regulatory framework as the key to stable power supplies.

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