In spite of its considerable energy resources, nigeria in 2012 had one of the best rates of energy use on the planet. Self-generation of power from generators that were high-priced was double that of grid-supplied electricity. The history of its own power sector was one of missteps inefficient monopolies, and corruption.
However a wholesale change to the marketplace, designed under reformist president Obasanjo and pushed by president Jonathan, guaranteed superior efficiencies and investment directed by private sector principles including prevalent privatization, pricing reforms, and reliance on businesses to make and distribute the electricity. Electricity producer companies on the sideline desired to choose whether they desired to be a piece of this new market.
Privatization of the Power Sector in Nigeria (A) Case Study Solution
PUBLICATION DATE: October 09, 2012 PRODUCT #: 713042-PDF-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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