Minister of Power Adebayo Adelabu suspends electricity regulatory transfer to state governments due to market immaturity.
Minister of Power Adebayo Adelabu has suspended the transfer of regulatory authority to state governments over electricity due to the market's immaturity. The federal government previously transferred oversight to state electricity regulatory bureaus in Ondo, Ekiti, and Enugu. Adelabu emphasized the need for caution and sufficient understanding of the transfer process to ensure the survival and sustainability of Nigeria's power sector.
May 17, 2024
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