Firm holds training for power experts

The Spintelligent Training Academy is poised to empower Nigerian youths through its Financial Modeling for Power course slated for 22-25 May 2016 at Radisson Blu Anchorage Hotel, Lagos.

The course tagged, “Effective Financial Modeling” for the power sector is targeted at Chief Finance Officers, Treasurers, Accountants, Finance Managers, Finance Officers, Revenue Assurance Officers, Expenditure Control Officers, Planning and Strategy Officers among others.

The Course facilitator, Simon Akinteye said the course is necessary for all those having finance related functions within the power sector, either within the Discos, Gencos and the O&M corporations. The course will feature, among other, important modules including revenue modelling, expenditure modelling, modelling WACC, cash flow modelling, statement of comprehensive income modelling, balance sheet modelling and modelling the financials for a comprehensive RFP.

Akiteye, who is the Dean of Faculty at West African School of Forensic Studies, said: “One of the most pressing challenges facing the power sector in Nigeria is to increase power generation to bridge the huge gap, the amount of energy needed by the nation, and the energy that all the Power Generating Companies (Gencos) are able to supply to the Power Distribution Companies (Discos).