FCCPC Warns Against Fragmented State Electricity Market Regulations

FCCPC Warns Against Fragmented State Electricity Market Regulations

FCCPC: Fragmented Power Rules Threaten Investment

Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) warns that disparate regulatory standards in emerging state electricity markets could deter investors and weaken consumer protection. The commission calls for a harmonised national framework and closer collaboration among federal and state electricity regulators, deeming it crucial for successfully implementing the Electricity Act 2023 and market stability.

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