Introduction

Nigeria’s power sector is the story of enormous potential, hurdled by incessant challenges. In an attempt to optimise the sector and bring it to a higher level of market and consumer satisfaction, the Federal Government of Nigeria (FGN) has in the last decade, implemented certain initiatives, including investments in numerous infrastructural developments¹, supporting renewable energy² and an extensive privatisation exercise. In spite of these efforts, a considerable number of Nigerians still face high electricity expenses and endure frequent power outages. Additionally, there are communities that remain without access to electricity, severely hindering the country's socio-economic progress. Lack of distribution networks, grid capacity, supply and demand gaps, vandalism, right-of-way issues and underinvestment are considered key bottlenecks in the sector. Thus, the FGN has declared another reformative step that could perhaps, transform the power sector.

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