The Federal Government says electricity distribution companies in Nigeria will need an estimated N2 trillion or about $2.5 billion in capital to improve power supply to Nigerians. Olu Verheijen, an adviser to President Bola Tinubu on energy, disclosed this during a recent interview. The government also stated that new investors need to revive the industry that can barely supply power to nearly 200 million people. The companies are over-leveraged and under-capitalized, which has limited their capacity to invest in distributing electricity to households. “We need to set policies that facilitate …