A further $50 billion investment is expected to go into the Nigeria’s power sector in the next few years following successful completion of privatisation of the sector, says Dr. Olusegun Aganga, Minister of Industry, Trade and Investment. Speaking at the 2014 Standard Bank West Africa Investors’ Conference in Lagos, Aganga said that for the first time in Nigeria’s 53 year history, the country successfully privatised the power industry and is bringing in capital, technology and operational excellence into the sector. He noted that the theme of the conference, “Nigeria: Time to Deliver’, is a call to action, a statement of great expectations, an acknowledgement of the great potential across the length and breadth of our country, even as he said that power has been the bane of businesses in Nigeria, and was left unaddressed for many years.