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Eaton plans big for Nigerian electricity market

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The Managing Director for Africa, Eaton, a power management company, Seydou Kane has disclosed his company’s plans for the Nigerian electricity market.

According to him, the company is focused on investing in opportunities across the continent, especially, Nigeria, as the biggest economy on the continent, adding that the country is clearly an area of big interest for them.

“So, we are driving to increase our market share in Nigeria. But we are also open to partnership and collaboration in order to fast-track the adoption of microgrids and other technologies that Eaton can bring into the market.

“We have been in Nigeria for many years. We have an office in Nigeria and we are looking at opportunities to significantly grow that market. I do believe that despite the recent downturn in the economy, there are significant opportunities in the country.

“So, we will continue to work with our partners locally to improve and increase our presence. We are very excited about the new horizon that microgrids have opened for us, not only in Africa but also globally,” he added

It should be noted that Nigeria has been rated as the second worst in the world with regard to epileptic power supply after Yemen while it is also the second worst in the world as regards accessibility to electricity, second to India. Against this background, Nigeria government has been collaborating with private sectors with a view to increasing power generation.

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