Breakfast Briefing Hosted by DT Global: Nigeria: Fulfilling the Promise of the Electricity Act 2023
06 Mar 2024
Under Chatham House Rule, an expert panel will present original research conducted by DT Global on the readiness of the States to implement the Act and private sector perceptions of it.
Nigeria’s Electricity Act (2023) introduces several radical structural reforms, including devolving the authority to State governments to set up and regulate their own electricity markets and develop their own generation, transmission, and distribution infrastructure. The Act also introduces incentives and regulatory measures to promote renewable energy projects both on-grid and off-grid.
How can donors and development banks support Nigerian power sector stakeholders to implement this complex reform in a sustainable and equitable manner?