Nigeria Power Report Q2 2018
This quarter we have extended our forecasts to 2027. This notwithstanding, our core assumptions for the sector remainunchanged. We believe that the outlook for the Nigerian economy is improving as we move into 2018, but investment into thecountry's troubled power sector will continue to be inhibited by constrained budgets and weak investor sentiment. Investment willtrickle back into the sector, in line with greater liquidity in the foreign exchange markets, but investors will still need to be aware ofstructural problems across the electricity supply chain, particularly gas supply shortages and problems in the distribution segment.
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