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Nigeria will need about $200bn to fix its power sector – Dr. Wiebe Boer

Nigerians can enjoy uninterrupted power supply under the right conditions. Proof of this can be found in existing private communities where electricity flows constantly through their private grid into homes and small businesses in such communities. A good example is the Nigeria Electric Supply Corporation, NESCO, in Jos, Plateau State, which has been providing uninterrupted power supply to over 7 communities since it was established in 1929.The company has been operating as an independent power utility for 90 years. It is the only private company with a licence to do what it’s doing.
But why has there not been more NESCOs over the years?
Dr. Wiebe Boer, the chief executive officer of All On, a renewable power energy company sits down with Breakfast Connect to answer some of these questions and more about the Nigerian electric power sector.
In our conversation, Dr. Wiebe talks about the incompleteness of the power privatisation process and the need for more competition in the sector. 

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