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Nigeria Electricity Market Operators Begin Performance Review

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The NESI is primarily made up of the Generation Companies (GenCos), the Transmission Company of Nigeria (TCN), the Distribution Companies (DisCos), and the consumers.

Stephen Ogaji, the chairperson of the NESI market participants and stakeholders roundtable planning committee, in a statement on Sunday, said ten years after the privatisation of the Nigerian power sector, market participants, government agencies and institutions, as well as other key stakeholders will gather at the PTDF auditorium in Abuja to assess the performance of the sector and its challenges, as a step towards charting a pathway for the progression of the power sector.

He explained that the three-day roundtable event will have eight plenary sessions which will encompass the various segments of the NESI: power generation; gas to power; power distribution, transmission, metering and customer centricity, renewable energy and climate change, access to finance, liquidity and recapitalization.

However, Mr Ogaji said the progress in NESI, post-privatisation, has not fully met the lofty expectations set forth in the National Electricity Power Policy, 2001 , the Electric Power Sector Reform Act, 2005 now Electricity Act 2023, and the Road Map for Power Sector Reform, 2010.

 

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