Overview
Introduction Enugu State is strategically located as the administrative centre and commercial hub of the South-East geopolitical zone of Nigeria. Enugu was once a key hub in Nigeria’s power sector, especially during the era of the Oji River coal-fired power plant. Today, building on that strong legacy, the State is advancing toward a more modern and diversified electricity landscape. Currently, electricity supply in Enugu State is steadily improving but has yet to fully meet the growing needs of homes, businesses, and industries, with many consumers complementing supply through self-generation. This situation has created challenges for economic activity, investment, and service delivery across the State.
In response, the Enugu Electricity Policy provides a clear framework for improving power supply and building a more reliable, affordable, and sustainable electricity system to support the long-term development goals of the State. This article will explore how the Enugu State Electricity Policy takes the recent constitutional and statutory reforms and turns them into a practical, investable sub national power market framework. It will examine the model's legislative reforms, market design, risk, sharing strategies, and the avenues provided for investors, also evaluating its potential to serve as a replicable blueprint for other Nigerian states under the Electricity Act 2023. Request the full insight below.
