Illustration for Oando Gas Supply Deal Tests Nigeria's Fragmented Power Sector
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Oando Gas Supply Deal Tests Nigeria's Fragmented Power Sector

Oando's gas supply for a 60MW plant in Bayelsa shows Nigeria's shift to decentralized power amid grid failure. The NNPC joint venture offers revenue stability but carries political and payment risks. Investors see a model for small-scale gas monetization, not sector-wide reform.

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