Barely three months in the wake of stripping 2.8 million units of his shares in Geregu Power Plc, the power generation company, where he holds the greater part stake, businessman and investor Femi Otedola has left on another aggressive marketable strategy.
The joint effort will be a Public-Private Partnership arrangement. On the off chance that the venture becomes exposed, it will be the first of its sort in Nigeria as up until recently, confidential people were not permitted to communicate power in the country.
With the recently marked power act and having recognized public-private organizations as key in driving interest in the power area, Lagos state government plans to completely exploit it and lay out a reasonable power market, especially in light of the fact that the state is Nigeria's greatest economy, and the fifth greatest economy in Africa.
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