Showing posts with label power. Show all posts
Showing posts with label power. Show all posts

Friday, November 29, 2013

Privatization and Power

Nigeria’s recent privatization exercise of the power sector has been carried out on a comprehensive scale, with the privatization of both the generation (GENCOS) and distribution companies (DISCOS) simultaneously. Public reaction to the wholesale privatization exercise is mixed; some support it, some are against it and others have a wait and see attitude. The Nigerian government sees it as a necessary move to speed up access and availability of power as part of the Vision 20:2020.