Free Submission Public Relations &
Deutsch English

Nigeria Power Report Q1 2014

Nigeria power sector set to see strong investment as state-owned Power Holding Company of Nigeria ceases to exist as it move towards private sector ownership

Print article Print article
2014-01-09 07:43:02 - Nigeria Power Report Q1 2014 - a new market research report on

In a move that indicates Nigeria´s power sector could be on the verge or realising some of its considerable potential, state-owned Power Holding Company of Nigeria (PHCN) has ceased to exist after the federal government handed ownership of successor companies to the private sector. This is hugely significant for Nigeria as it attempts to draw vast sums of private investment into the power sector - so as to meet surging demand for electricity and support rapid economic growth. That said, although we have long felt that the future of Nigeria´s power sector will depend on the success of the privatisation process, we remain cautious. Capacity expansion will be gradual and will remain subject to considerable risks and delays. While significant



demand for electricity undoubtedly exists, disputes over tariffs, gas shortages and concerns about the country´s business environment could all weigh on investment.

The unbundling of PHCN eight years after laws were passed to facilitate the process marks a significant point in the development of the Nigerian power sector and is likely to pique the interest of foreign investors.

The buyers of the five generation companies and 10 distribution firms (two remaining unbundled companies are still to be handed over, while Transmission Company Of Nigeria is still government owned) collected their share certificates and operating licences from President Goodluck Jonathan at the beginning of October 2013 and took full control of their assets in November 2013 - with many looking to ramp-up capacity and attract foreign investment.

Click for report details: ..

Browse all Energy and Utilities Market Research Reports ..

Browse all Energy and Utilities Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Mike King
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News


Terms & Conditions | Privacy | About us | Contact