The plot against the Electricity Act, 2023: Introducing The Electricity Act (Amendment Bill), 2025 - Businessday NG

MUCH ADO ABOUT ELECTRICITY ACT, 2023

Nigeria's 2026 Electricity Bill reverses 2023 reforms, re-centralizing grid control under NERC as 16 states had just built independent markets. For infrastructure investors, this exposes governance volatility—sub-national autonomy won by states can flip, threatening long-term investment thesis.