Investors in the Nigerian stock market yesterday suffered another setback as their investment dropped by over N233.2 billion.

ABUJA — THE Managing Director/Chief Executive Officer, Nigerian Electricity Management Services Authority, NEMSA, Mr. Peter Ewesor, has said that the agency will soon outlaw the installation of wooden poles in the country.

Mr. Nico Tyabji, is the Climatescope Africa Coordinator, Bloomberg New Energy Finance, BNEF. Before joining BNEF in 2011, he led research on mitigation strategies at the Global Network for Climate Solutions based at Columbia’s Earth Institute, and has previously worked for the International Centre for Trade and Sustainable Development in Geneva. In this online interview with Clara Nwachukwu, he insists there is now a big opportunity for Nigeria to embrace the clean energy revolution, while stressing the need for more investments in infrastructure to fast track socio-economic development in Nigeria. Excerpts:

REVENUE shortfall by generating and distribution companies, also known as GENCOs and DISCOs haS risen to N478 billion since November 2013, when the defunct Power Holding Company of Nigeria, PHCN assets were unbundled and handed over to private investors.

Competition in Nigeria’s Smartphone market is unwavering as the big players try to stamp their dominance while new entrants such as Infinix Mobility and others are pushing with new devices. Notwithstanding, few years ago, the Nigeria mobile market was dominated by the likes of Nokia, Apple, Samsung, HTC and Blackberry. Then came Tecno with cheap and affordable smartphones, within few years it became a popular Smartphone brand in Nigeria.