Section 3 Electricity Act 2023
Section 3 of the Electricity Act 2023 is about National Integrated Electricity Policy and Strategic Implementation Plan. It is under Part II (National Integrated Electricity Policy and Strategic Implementation Plan) of the Act.
(1) The Federal Government through the Ministry responsible for power shall, within one year from the commencement of this Act, initiate the process for the preparation and publication in the Federal Government Gazette, an Integrated National Electricity Policy and Strategic Implementation Plan in consultation with relevant government authorities and other stakeholders to guide the overall development of the electric power sector in Nigeria.
(2) The National Electricity Policy and Strategic Implementation Plan adopted by the Federal Government under the provisions of subsection (1) shall encompass the following aspects relevant to the development of electric power sector in Nigeria —
(a) development of electric power sector based on optimal utilisation of resources such as coal, natural gas, nuclear substances and materials as well as renewable energy sources such as, solar, wind, hydro, hydrogen and other renewable sources of energy;
(b) captive generation or stand-alone system for generation of electricity for rural areas and non-conventional energy system;
(c) rural electrification and for bulk purcnase of power and management of local distribution in rural areas;
(d) public private partnerships for provision of access to electricity to all areas including villages, hamlets through rural electricity infrastructure and electrification of households:
(e) power-source specific policies including waivers and subsidies that will stimulate development of renewable energy;
(f) overall development of the electricity value chain in Nigeria with emphasis on alignment of expansion of generation, transmission, distribution and supply infrastructure to ensure reliability of supply and minimise losses; and
(g) any other aspect of the power sector that the Federal Government may determine that it requires clear policy direction bearing in mind changes and new global developments in the sector.
(3) The National Integrated Electricity Policy and Strategic Implementation Plan adopted under subsections (1) and (2), shall be approved by the Federal Executive Council.
