Soaring electricity costs pushing digital investors away from Nigeria –Digital Realty MD

Sunnewsonline | 03-06-2026 01:48pm |

Ikechukwu Nnamani, the Managing Director of Digital Realty Nigeria, has highlighted the concerning trend of increasing electricity costs as a significant barrier to attracting digital infrastructure investments in the country. He emphasized that without immediate measures to tackle these rising costs and other structural challenges within the sector, Nigeria risks losing out on major investments to competing nations in Africa. Nnamani's remarks underscore the urgent need for reforms to enhance the investment climate for digital enterprises in Nigeria.

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