In our annual power and energy prognosis and predictions feature Olayemi Arowolo, Senior Consultant at The Nextier, applies her mind to how a new act will change Nigeria’s energy sector. Prognosis for 2023The Electricity Act 2023, signed into law in June, is a significant milestone in Nigeria’s energy sector. The Electricity Industry Act aims to address sector challenges and stimulate growth. Predictions for 2024Looking ahead to 2024, opportunities abound for the electricity sector of Nigeria. As more focus on renewable energy intensifies, 2024 is poised to witness a surge in renewable energy projects.

Source: The North Africa Journal December 26, 2023 07:20 UTC