Lagos Seeks Investors For 4,000MW Gas-fired Power Plants

Lagos Seeks Investors For 4,000MW Gas-fired Power Plants …C0NTINUE READING HERE >>>

Nigeria’s commercial capital Lagos has invited bids for construction of 4,000 megawatst (MW) gas-fired power plants to cover a national grid shortfall, seeking to end years of blackouts that have hit businesses and households.

On Thursday the country suffered its tenth grid collapse this year.

The World Bank said that four in 10 people in Nigeria, Africa’s most populous nation, do not have access to electricity, which investors often cite as one of the major obstacles to…

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