Tinubu Signs Electricity Act 2023, Empowers States, Private Companies To Generate Power
This new law will empower states, companies, and individuals to generate, transmit and distribute electricity in the country. The Nigerian President, Bola Tinubu, has signed the 2023 Electricity Act which is a replacement for the Electricity and Power Sector Reform Act of 2005 into a law. The newly enacted law will de-monopolise Nigerian electricity generation,…