%0 Journal Article
%T Financing Rural Energy Projects in China: Lessons for Nigeria
%A Sanusi Mohammed Ohiare
%A Ismail O. Soile
%J International Journal of Financial Research
%D 2012
%I 
%R 10.5430/ijfr.v3n4p7
%X In this paper, we conduct a financial analysis of a typically viable and unviable World Bank supported hydroelectric projects in China and draw inferences for Nigeria by conducting similar analysis with a classic Nigerian economic and financial environments. The analysis of the hypothetical cash-flow shows that while a similar project is feasible and viable in Nigeria, there is need for a price regime that can adjust annual price increase to offset the impact of inflation as the project appears very sensitive to inflation rates. Several other pros and cons of the Chinese projects were highlighted as lessons other developing countries like Nigeria.
%U http://www.sciedu.ca/journal/index.php/ijfr/article/view/1848