Nigeria’s electricity market on sick bed since privatisation, says TCN

Nigeria’s electricity market has been nose-diving since the distribution and generation arms of the sector were privatised in 2013 and is currently on a sick bed, the Transmission Company of Nigeria has said. According to TCN, the sick state of the power market was because participants, particularly power distribution companies, hardly complied with stipulated rules of engagement. In a recorded interview in response to an inquiry by our correspondent in Abuja, the Market Operator, Mr. Edmund Eje, stated that the power market was currently seeking sustainability. He, however, stated that the transmission company had resolved to enforce the market rules

By |July 18th, 2019|Categories: News|Tags: , |0 Comments
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