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The Nigerian Electricity Supply Industry (NESI) has gone through fundamental changes over the years. It has become pertinent that Nigeria needs an improved electricity industry and constant power supply for the country to move forward. #NESG #PowerForGrowth 1/14
Some of the changes include the formation of the Power Holding company of Nigeria (PHCN) and its unbundling into 18 independent companies and commencement of 10 generating plants in 2006 to introduction of multi-year tariff order committee in 2008. #NESG #PowerForGrowth 2/14
In 2010, firms were shortlisted for the acquisition of PHCN power assets and in 2013, 11 distribution companies and 5 generation companies were privatised. #NESG #PowerForGrowth 3/14
The year 2016 saw the commencement of the Transitional electricity market and the issuance of MYTO 2.1. #NESG #PowerForGrowth 4/14
A number of issues are currently arising from the current Nigerian Electricity Supply Industry that has had a major effect on performance improvement. #NESG #PowerForGrowth 5/14
The #NESG and several stakeholders have identified 7 pillars for creating a successful electricity market. #NESG #PowerForGrowth 6/14
To learn more about the Nigeria Electricity Supply Industry, go to http://www.nesgroup.org/powerforgrowth #NESG #PowerForGrowth 14/14
