Nigeria’s economy has no future if electricity crisis persists – Avuru - News Summed Up

Nigeria’s economy has no future if electricity crisis persists – Avuru


Seplat is a big player in the gas space; what has your experience been so far, especially in the power sector? So, we are actually investing for the future, hoping that, ultimately, the power sector will be fixed because the economy has no future if the power sector is not fixed. Global oil prices have declined in recent weeks; are Nigerian oil companies not jittery that this might affect their cash flow? These oil companies that you see in Nigeria operated when the oil price was $3. Is there a need to increase the gas price to further incentivise operators?


Source: Punch June 29, 2019 23:15 UTC



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