Nigeria’s electricity supply continues to cripple with over 70% of homes and businesses using stand-alone generators and over 20% of poverty-stricken citizens without electrical supply. Many have heavily criticized current minister of Power, Babatunde Raji Fashola, of not making any progress with his position as minister of power, works and housing. At a 2018 Price Waterhouse Cooper’s (PWC) power industry event in Lagos, a power industry player, Lamu Audu lamented his ordeal with Nigeria’s power sector:
“Some of us are actually looking beyond the borders of Nigeria to sell our power if the Nigerian market cannot take it because we have to remain in business. .. Investments have been made, and that is why we are looking into the West African market. Honestly, we are already talking to Burkina Faso. ” – Lamu Audu
According to Lamu Audu, the massive challenges in Nigeria’s power industry and with doing business in Nigeria as a whole, make it very difficult for his company to succeed despite the availability of energy for electricity generated by his company. He is thus more than willing to export electricity rather than navigate the extremely complex web locally.
PUSH YOUR DREAMS – GROW AFRICA!
Want to push your dreams in today’s technology-driven, constantly-changing world? You must read Olatorera Oniru’s bestselling digital e-book titled Push Your Dreams available now on Olatorera.com and on Amazon.com.
The Olatorera Consultancy brand has grown from an ambitious solo-preneur to a team of over 50 people highly assertive on providing the seal and stamp of “Africa’s Best” to great businesses in Africa and beyond. Chief Executive Consultant, Olatorera Oniru is very passionate about seeing businesses succeed and operate optimally. She is also notably passionate about witnessing Africa transformed into one of the world’s greatest continents. Olatorera Consultancy has an annual outline of businesses we work with. We currently do not accept unsolicited applications. To network with the team at Olatorera Consultancy Limited, please add your company to the reviews page here. An Olatorera Consultancy company representative may be in touch with you shortly after reviewing your company’s readiness for business consultation services.
Some of the services we provide to our clients:
- Doing Business In Africa: Data Analytics, Market Insights, Launch Plan & Strategy Development
- Service Level Critique and Secret-Customer Detective Services
- Customer Service, Quality & Operational Excellence Assurance
- Seal of Africa’s Best and Nomination for Annual List of “Africa’s Best 100 Companies” and “Africa’s Best 100 Leaders”.