Come to Niger State, Honourable Suleiman Umar tells investors eyeing state power markets
Honourable Suleiman Umar invites power investors to Niger State as states overtake national grid deals Honourable Suleiman Umar, Commissioner for Power and Renewable Energy of Niger State, is calling on investors to bring their power projects to Niger State. The New Niger Agenda of Farmer Governor Umaru Bago is ready to accommodate them. Power State is poised to reap significant benefits from renewable energy projects efficiently and effectively for the people of Niger State. His call comes as investors across Nigeria are shifting away from the national grid and betting on state-led electricity deals. A new PwC report says these deals are easier to finance because they link power plants directly to the people who use the light — hospitals, factories, and water works. The rules are clearer, the cash flow is more visible, and the risk is lower. “Investors are assessing projects on a case-by-case basis, with bankability driven by regulatory clarity, tariff credibility and cash-flow v...