NAVIGATING THE NIGERIA ELECTRICITY ACT, 2023: POTENTIAL OPPORTUNITIES FOR INDIVIDUALS AND BUSINESSES WITHIN THE ELECTRICITY ACT

The Government of Nigeria adopted the Electricity Act 2023, which repeals the Electricity and Power Sector Reform Act of 2005. The Act introduces a range of key features and opportunities, including the liberalization of Nigeria's electricity generation, transmission, and distribution at the national level, empowering states, companies, and individuals to generate, transmit, and distribute electricity. Under the Act, states can issue licenses to private investors who may operate mini-grids and power plants within their territory. 

Electricity Lawyer in this publication forming part of the full expert publication, takes a deep dive into the potential opportunities for individuals and businesses within the Electricity Act.