ELECTRICITY supply has been a very big issue
in Nigeria for the past decades, even as old as
Nigeria’s independence, so much that one of
the first words a child learns is NEPA.
Monopoly has remained a big issue. But just
like the telecoms industry, which had a similar
problem, which has now been solved with the
coming of the private sector initiative, the
solution, critical stakeholders believe, lies in
the private sector taking over the power sector
also.
The idea was put in motion exactly 13 years
ago, when the axiomatic first step of a
thousand miles was taken towards a wholly
privatised sector. The idea began in earnest
with the development in the year 2000 of the
National Electric Power Policy (NEPP),
approved by then Federal Executive Council
(FEC) under President Olusegun Obasanjo.
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