PRESIDENT TINUBU SIGNS ELECTRICITY ACT 2023 INTO LAW; EMPOWERS STATES, PRIVATE COMPANIES TO GENERATE POWER.
President Bola Ahmed 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, transmission & distribution of electricity at the national level. This new…