Sub-sahara Africa’s biggest power plant, Egbin Power Plc, mulls $3bn post-privatisation investment cap; $1bn already spent, $2bn for expansion plan The debts which the Nigeria Electricity market is owing biggest power plant in Sub-Sahara Africa, Egbin Power Plc, has hit N388 billion. Platforms Africa reports that the Director, Egbin Power, Mr. Kola Adesina, who declared this when the Senate Committee on Privatisation and commercialisation paid a facility visit to the plant in Egbin, Lagos, maintained that the debt that the Nigeria Bulk Electricity Trader (NBET) is owing the…
Read MoreBREAKING: Nigeria’s Electricity Market debts to Egbin Power hit N388bn
