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Nigeria is Africa’s largest economy, but also has one of the widest energy gaps in the world. With a quickly growing population, Nigeria urgently needs to improve its power sector. The country’s current installed capacity is reported at 12,500 megawatts, but in practice is only 3,200 megawatts. The government’s aim to boost electricity access from 45% today to 90% by 2030 will drive even more demand. The government privatized part of the power sector in 2013 hoping to promote efficiency, attract private investment, and increase generation, but this has yet to deliver results.
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