Power Crisis Increases Product Costs by 40%, Says Report

A new report by Nanyang Technology University’s Centre for African Studies reveals that Nigeria’s inadequate electricity supply adds 40% to the cost of manufactured products. The 150-page report titled “Back to Growth: Priority Agenda for the Economic Revival of Nigeria” was presented by Amit Jain, the Director of the Centre, in Lagos. The report highlights … Continue reading Power Crisis Increases Product Costs by 40%, Says Report