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Electricity Act 2023

An Act to repeal the Electric Power Sector Reform Act, No. 6, 2005 and enact the Electricity Act, 2023 to consolidate the laws relating to the Nigerian electricity supply industry, provide a comprehensive legal and institutional framework for the power sector in Nigeria in the areas of electricity generation, transmission, system operation, distribution, supply, trading, enforcement of consumer rights and obligations, provide for a holistic integrated resource plan and policy that recognises all sources for the generation, transmission and distribution of electricity, including the integration of renewable energy to Nigeria’s energy mix and attract investments; and for related matters.

Part I — Preliminary Provisions

Section 1 Electricity Act 2023: Objectives of the Act

Section 2 Electricity Act 2023: Application and scope of the Act

Part Il — National Integrated Electricity Policy and Strategic Implementation Plan

Section 3 Electricity Act 2023: National Integrated Electricity Policy and Strategic Implementation Plan

Section 4 Electricity Act 2023: Periodic review of the National Integrated Electricity Policy

Section 5 Electricity Act 2023: Supervisory powers of the Minister and functions of the Ministry responsible for power

Part III – Development of a Competitive National Electricity Market

Section 6 Electricity Act 2023: Legal validity of pre-privatisation and post-privatisation

Section 7 Electricity Act 2023: Competition during the post- privatisation stage

Section 8 Electricity Act 2023: Declaration of competitive electricity markets

Section 9 Electricity Act 2023: Sale and purchase of electricity and anciliary services

Section 10 Electricity Act 2023: Market rules and grid code

Section 11 Electricity Act 2023: Commission’s directive respecting eligible customers

Section 12 Electricity Act 2023: Commission’s directive respecting competition transition charges

Section 13 Electricity Act 2023: Commission’s determination respecting competition transition charges

Section 14 Electricity Act 2023: Public hearing respecting competition transition charges