Tuesday 4 August 2015

NIGERIA INTERNATIONAL POWER EXPO & CONFERENCE @bkgnews


BKG EXHIBITIONS LIMITED
presents the 5th 
NIGERIA INTERNATIONAL POWER EXPO & CONFERENCE
Tuesday, September 1, 2015 at 9:00 AM - Thursday, September 3, 2015 at 5:30 PM (WAT)
Abuja, Nigeria.
Venue:
Transcorp Hilton Hotel, 1 Aguiyi Ironsi St, Abuja 


With over one year of the almost total privatization of the Nigerian power sector; things are looking up for the sector despite some initial but expected challenges. Many international and local analysts and institutions are quite optimistic about the prospects of the industry. According to USPRwire, Thu Jan 08 2015; “Strong macroeconomic fundamentals, progress in gas- fired and renewable power generation and the mobilisation of domestic and international financing continue to support our long-term optimistic outlook for Nigeria's power sector. …. We have maintained our core view that the Nigerian power market can offer huge long-term opportunities for investors willing to take current operational risks. This is predicated on colossal untapped - and growing - demand for power, driven by an expanding population, a booming economy and a still limited national electrification rate (currently at about 50% of the population). We forecast real GDP to expand by an annual average rate of 6.8% between 2014 and 2023, while power consumption will grow by an average rate of 9.6% over the same period.”

Indices point to the fact that there would be increasing demands for electric power as well as electrical materials and accessories thus making investments in power generation, distribution and transmission as well as in the production and sale of electrical materials, appliances and accessories potentially profitable ventures. It is to highlight and showcase the abundant potentials of this important sector that the Nigeria International Power Expo and Conference [NIPEXPO] holds.

Nigeria International Power Expo and Conference is organized by BKG Exhibitions Limited in collaboration with the Federal Ministry of Power and other Stakeholders in the Nigerian Power Sector. It is to bring together experts from diverse fields in the power/electricity and allied sectors to  showcase latest products and services, discuss, inform, educate, review and or make informed inputs into power policies, programmes and implementation in Nigeria’s fast developing power sector.

Source:
www.eventbrite.com

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