Who really wins when Nigeria signs thirty year energy deals
Thirty-year energy deals in Nigeria like the Ikere Gorge Hydropower Project in Oyo State (6MW) and Omi-Kampe Hydropower Project in Kogi State (2MW) sound huge on paper. But the real story is about who captures value and who bears risk. 1. Private investors Private companies like Quaint Energy invest millions upfront to build and operate…
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