Peter Ikenga: Self-sustaining Investment Key to Improving Nigeria’s Power Sector

According to THISDAYLIVE and Google News, Peter Ikenga, the Managing Director/CEO of Transcorp Power Plc, has highlighted the need for self-sustaining investment in Nigeria’s power sector to enhance power supply. Ikenga’s comments come amidst ongoing efforts to improve the country’s electricity infrastructure. The power sector faces significant challenges, including insufficient investment, inefficient distribution networks, and poor maintenance. Ikenga’s call for self-sustaining investment across the value chain suggests a need for sustainable, long-term strategies to address these issues. The CEO’s remarks underscore the urgent need for meaningful investment in Nigeria’s power sector, which is essential for economic growth and development. According to THISDAYLIVE, Ikenga made these comments during a recent event, but the publication has not said when the facility began operating.