Policy Uncertainty, Unfunded Subsidies Threaten Nigeria’s Electricity Market

Nigeria’s electricity market may continue to face instability unless the Federal Government addresses concerns over unfunded tariff shortfalls, subsidy obligations and frequent changes in policy direction, according to the Executive Director and Convener of PowerUp Nigeria, Adetayo Adegbemle. Adegbemle argued that years of reforms and interventions have failed to permanently resolve the country’s…