The country is also deregulating the power sector, with an agency having been set up to buy power from the private companies and feed this to the national grid.
In addition, the government of Nigeria reports that the design of Mambilla hydroelectric power project, which has been in the works since the 1960s, is all but complete. Those associated with potentially financing and constructing the dam include the China Exim Bank, China Geo-engineering Corporation, and China Gezhouba Group Corporation. This power station could generate 2,600 MW should it be built. The Nigerian government is also investigating the generation of power from 17 of the existing dams in the country. That would require the installation of turbines and electricity reticulation infrastructure.