Nigeria: Government signals role for private sector in transmission

Following the announcement earlier this year that around $1.6bn of the proceeds from the sale of the National Integrated Power Projects will be reinvested in the transmission network, minister of state for power Mohammed Wakil has urged investment in transmission assets on a public-private partnership (PPP) model. The statement, which was also published on the Ministry of Power website, came as a surprise to many within the industry, which had understood that the transmission network would remain firmly in public hands, and officials have been reluctant to confirm the minister’s comments.