Heirs Holdings can generate a quarter of Nigeria's power needs within the next five years: Tony Elumelu, Chairman, Heirs Holdings

Tony Elumelu and Barack Obama at the Ubungo Power Plant

Well-known global business leader and chairman of Heirs Holdings Tony Elumelu says the group “has the ambition to generate at least a quarter of Nigeria‘s power consumption needs in the next five years.” Heirs Holdings’ interests in the power sector include Transcorp Ughelli Power, a gas-fired, thermal power generating plant which was acquired under the privatisation of Nigeria’s power sector.

Read more: Tony Elumelu: “Heirs Holdings has the ambition to generate at least a quarter of Nigeria’s power consumption needs in the next five years” – Zawya.

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