The Federal Government of Nigeria launches the privatisation of the energy sector issuing the necessary licenses and shareholder certificates for 18 private successor companies (PHCN / NEPA)

The Privatization of the Electricity Sector in Nigeria* The full implementation of the Electric Power Sector Reform has been a key priority for the administration of President Goodluck Jonathan in Nigeria. As noted in the Roadmap for Power Sector Reform, for over two decades, the stalled expansion of Nigeria’s grid capacity, combined with the high cost of diesel and petrol generation has crippled the growth of the country’s productive and commercial industries. The Federal Government was therefore determined to pursue the fundamental changes to the ownership, control and regulation of the sector as outlined in the National Electric

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Chinwe Chiwete, The Federal Government of Nigeria launches the privatisation of the energy sector issuing the necessary licenses and shareholder certificates for 18 private successor companies (PHCN / NEPA), 30 September 2013, e-Competitions September 2013, Art. N° 60764

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