It said, "The current service disruption is due to a system collapse of the national grid at about 15:08 hours today. We are in collaboration with relevant stakeholders within the power value chain to ensure speedy restoration of supply."
Its wide range of power solutions include conventional - gas, coal, oil, and renewable - solar, wind and hydro. Apart from power, the company, which owns Rotana Hotel chain, is also interested in the hospitality sector in Nigeria.
El-Rufai said the CBN risked losing its power to set lending rates for commercial banks unless it immediately addressed the situation, adding that only unscrupulous elements could successfully operate under the current fiscal policy atmosphere
On Wednesday, the US Mission in Nigeria conveyed the message of top American official, Samantha Power. The senior diplomat is the current Administrator of the US Agency for International Development (USAID).