Electric Power Sector Reform Act, 2005 🇳🇬

Nigeria 6 Citing Cases

Electric Power Sector Reform Act, 2005

Published on 8 August 2005
Assented to on 11 March 2005
Commenced on 11 March 2005
[This is the version of this document from 8 August 2005.]

AN ACT PROVIDE FOR THE OF COMPANIES TO TAKE OVER THE FUNCTIONS, ASSETS, LIABILITIES STAFF OF THE NATIONAL ELECTRIC POWER AUTHORITY TO DEVELOP COMPETITIVE ELECTRICITY MARKETS, TO ESTABLISH NIGERIA ELECTRICITY REGULATORY COMMISSION ; TO PROVIDE FOR LICENSING AND REGULATION OF THE GENERATION, TRANSMISSION, DISTRIBUTION AND SUPPLY OF ELECTRICITY', TO ENFORCE SUCH MATTERS AS PERFORMANCE STANDARDS, CONSUMER RIGHTS AND OBLIGATIONS; TO PROVIDE FOR THE DETERMINATION OF TARIFFS; TO PROVIDE FOR RELATED MATTERS.ENACTED by the National Assembly of the Federal Republic of Nigeria

Part I – FORMATION OF INITIAL ANP SUCCESSOR COMPANIES AND THE TRANSFER OF ASSETS AND LIABILITIES OF THE NATIONAL ELECTRIC POWER AUTHORITY

1. Formation of the initial holding company

The National Council on Privatisation shall, not later than six months …

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