Tinubu signs Electricity Act 2023 into Law
Eleven days after his inauguration, President Bola Ahmed Tinubu has assented to the Electricity Act 2023, which is to replace the Electricity and Power Sector Reform Act 2005. It is expected to provide a framework to guide the post-privatisation phase of the Nigerian Electricity Supply Industry (NESI) and encourage private sector investments. The outgoing ninth National Assembly had initially passed in …