A Review of the Nigerian Energy Industry

West African Trade Conference calls for focused reform in power sector

Power transmission grid
Power transmission grid

07 February 2015, Lagos – Participants at the 6th Annual West Africa Trade & Export Finance conference which ended in Lagos have called on the Federal Government under the leadership of President Goodluck Jonathan to be more focused in its on going reforms in the power sector of the economy.

They noted that the reforms, if sustained is capable of transforming the nation’s economy for the better as all other sectors of the economy depend on the power sector to function effectively.

The international event which was held at the the Eko Convention Centre on the 4th & 5th February, 2015 focused on power sector reforms, oil and gas and the financial services sector.

Speaking to newsmen on the sideline of the host of the event, the host of the event and Chief Executive Global Trade Review (GTR), Paul Greetham said:

“Nigeria’s economy has flourished of late with optimism growing in many sectors. This conference aims to bring together the people that really make a difference in the market to discuss new strategies, address industry opportunities and strategically align their expert policies with international financing standards”.

He noted that Nigeria will remain the largest economy in Africa for a long time to come as experts have predicted that the falling oil prices will rebound by the middle of the year.

GTR the global financial services information provider host of the event said the two-day conference attracted t over 300 business leaders and provided extensive networking opportunities for domestic and international financial institutions, local Small and Medium Enterprises (SME), global corporate, lawyers, policy makers and specialist trade finance risk analysts.
*Emmanuel Okwuke – Daily Independent

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