By FONYEKA-AJUMOBI ONOCHIE, Abuja
The Minister of State for Power, Hajiya Zainab Ibrahim Kuchi has again reiterated the availability of the enormous market inherent in Nigeria’s electricity, just as she called on would-be investors to take advantage of the impending boom.
Speaking yesterday in Abuja while receiving in audience a delegation from India’s highest power generation company, Bharat Heavy Electricals Ltd, led by the Secretary to the Government of India, Department of Heavy Industry, Dr. Sunatu Behuria, she stated that there were opportunities in all the three chains of electricity, adding that there were even more in the renewable component like small hydros, solar, wind, waste to fuel and coal to power.
The minister assured the would-be investors of bumper returns on their investment as Nigeria is known for high returns on investment. As she puts it, the electricity market would not be an exemption, as Nigeria’s expectation still remains adequate and uninterrupted power supply.
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