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States need support to leverage opportunities in the Electricity Act – NGF Chairman

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11 months ago

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Participants at the Roundtable on the Electricity Act 2023 have stressed that states need support to immediately leverage the opportunities brought about by the recently enacted Electricity Act, signed by President Tinubu.

The Roundtable was held in Abuja on October 25 and 26 and was jointly convened by the Nigeria Governors’ Forum (NGF) and the British High Commission through the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF).

The Roundtable revealed the need for a tailored approach considering each state’s unique challenges and limitations.

Kwara State Governor AbdulRasaq AbdulRahman who is the NGF Chairman highlighted the fact that all states are different when it comes to capacity and bankability to attract electricity investments. He said:

Meanwhile, Thomas Pascoe, the Project Director at UKNIAF, emphasized the critical role of structure within Nigeria’s energy sector, stating that getting the structure right will pave the way for advancements in the electricity domain.

He said:

Also, Gill Atkinson, the British Deputy High Commissioner, highlighted the significance of the new provision granting State Governments the ability to generate, transmit, and distribute electricity, emphasizing its crucial role in addressing Nigeria’s energy deficit.

She urged the exploration of new opportunities to enhance electricity production and delivery to a wider population.

Participants also underscored several critical drivers for advancing the implementation of the Electricity Act, including the following:

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