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Nigeria seeks $10 billion in private investment to ensure 24-hour electricity, partnering through PPPs.
Nigeria's Federal Government plans to seek $10 billion in private sector investment over the next 5 to 10 years to achieve 24-hour electricity supply.
The Minister of Power and the Infrastructure Concession Regulatory Commission (ICRC) will collaborate through Public-Private Partnerships (PPP) to co-finance and improve the power infrastructure.
The ICRC issued a 6-point policy to streamline PPP processes and attract foreign investment, aiming to boost Nigeria's economy and address funding gaps.
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Nigeria busca 10.000 millones de dólares en inversión privada para garantizar la electricidad las 24 horas del día, asociándose a través de asociaciones público-privadas.