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World Bank Lauds Nigeria’s Power Sector Reforms

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The World Bank has expressed satisfaction with the progress recorded so far in Nigeria’s power sector, six months after the launch of the roadmap.

World Bank Senior Energy Specialist, Mr Erik Fernstrom, in the Energy Unit-AFTEG, Nigeria Country Office, said this in an interview with the Europe Correspondent in London.

Fernstrom, who spoke on the sideline of the just concluded Electric Power Investors’ Forum, said the World Bank was pleased with the federal government’s Power Sector Roadmap and the progress made so far.

“It is literarily only about six months and it is already creating an impressive momentum, both in the privatisation and reform of PHCN,’’ he said.

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