Former minister raises concerns over stagnation in electricity infrastructure funding.
Former Minister of Power, Barth Nnaji, has said no major power plant has been financed in Nigeria since 2015.
He made the remarks while assessing the country’s electricity sector performance.
Nnaji noted that limited investment has contributed to persistent power shortages.
Nigeria continues to face electricity supply challenges despite ongoing reforms.
Experts say infrastructure financing remains a critical barrier to improving generation capacity.
The power sector has struggled with issues including funding gaps, regulatory constraints, and transmission limitations.
Government officials have previously announced plans to attract private investment into the sector.
However, large-scale project execution has remained limited.
The comments highlight ongoing concerns about Nigeria’s long-term energy sustainability.
