Britain to Raise Nigerian Renewable and Climate Change Investments

Britain plans to boost investments in renewable and climate change projects in Nigeria and will provide 10 million pounds ($13.6 million) of support, Minister for Africa Vicky Ford said on her first trip to the country.

Power demand in Nigeria vastly outstrips supply, meaning its 200 million inhabitants must either go without, or rely on expensive, fume-belching generators.

Nigeria has capacity to produce an estimated 7,000 megawatts (MW) of power, but due to weak infrastructure, gas supply problems and water shortages only a little more than half of that reaches the national grid.

Source: Reuters

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