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Nigeria's Senate declares power sector privatization a failure due to ongoing electricity shortages.
Nigeria's Senate has declared the privatisation of the power sector, initiated 11 years ago, a failure due to persistent electricity shortages.
Factors blamed include aging infrastructure, abandoned projects, and regulatory inefficiencies.
The Senate has given the Committee on Power six more weeks to investigate further before deciding on legislative actions to address the issues, potentially including reversing the privatisation policy.
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El Senado de Nigeria declara que la privatización del sector energético es un fracaso debido a la escasez de electricidad.