The Guardian: Gas to Power Nigeria’s Energy Sector

Nigeria’s new government under President Muhammadu Buhari believes gas is the solution to the country’s power crisis. The Azura thermal power plant deal has recently been signed off by Nigeria’s solicitor general.

This is set to provide partial risk that will pave the way for all the guarantees and the loans, as construction work is set to commence in September.

Tilwea Adebajo, CEO of The CFG Advisory, said this would provide a major milestone in the power sector from a generation perspective in Nigeria because there are a lot of heavy investments that attract a lot of strong EPC (engineering, procurement and construction).

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