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Nigeria
With Tinubu in office, billionaire Tony Elumelu prevails in power industry

Reading time 2 min

Nigerian businessman Tony Elumelu in Lagos in July 2018.
Nigerian businessman Tony Elumelu in Lagos in July 2018. © Ludovic Marin/POOL/AFP

Nigerian businessman Tony Elumelu is investing left and right in the power sector and is now looking into renewables. Newly-elected President Bola Tinubu's reforms could make the sector even more profitable.

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