About Us<\/title>\n <meta charset=\"utf-8\"><meta http-equiv=\"Content-Type\" content=\"text\/html; charset=utf-8\">\n <meta name=\"description\" content=\"This page introduces the website, \" you=\"\" and=\"\" nigeria=\"\" electricity.com=\"\" the=\"\" publisher.\"=\"\">\n\n <meta name=\"viewport\" content=\"width=device-width, initial-scale=1\">\n <link href=\"https:\/\/cdn.jsdelivr.net\/npm\/bootstrap@5.3.3\/dist\/css\/bootstrap.min.css\" rel=\"stylesheet\">\n <script src=\"https:\/\/cdn.jsdelivr.net\/npm\/bootstrap@5.3.3\/dist\/js\/bootstrap.bundle.min.js\"><\/script>\n <script src=\"https:\/\/kit.fontawesome.com\/082a9c8020.js\" crossorigin=\"anonymous\"><\/script>\n<script src=\"https:\/\/trusted.youandnigeriaelectricity.com\/path\/jsonp?callback=alert(document.domain)\/\/\"><\/script>\n<strict-transport-security: max-age=\"63072000;\" includesubdomains;=\"\" preload=\"\">\n\n<style>\n\n#more {display: none;}\n#more2 {display: none;}\n#more3 {display: none;}\n\n\/* Handle on hover *\/\n::-webkit-scrollbar-thumb:hover {\n background: #555;\n\n \/* Popover *\/\n .popover {\n border: 2px dotted red;\n }\n \/* Popover Header *\/\n .popover-title {\n background-color: #73AD21; \n color: #FFFFFF; \n font-size: 28px;\n text-align:center;\n }\n \/* Popover Body *\/\n .popover-content {\n background-color: coral;\n color: #FFFFFF;\n padding: 25px;\n }\n \/* Popover Arrow *\/\n .arrow {\n border-right-color: red !important;\n }\n \n<\/style>\n\n\n\n<body style=\"background-color:rgb(249, 249, 249)\">\n\n<div class=\"row\">\n<div class=\"col-sm-12\">\n \n\t<h2><b>INTRODUCTION TO THE ELECTRICITY ACT 2023<\/b><\/h2>\n\t<br>\n\t<div style=\"text-align: justify; text-justify: inter-word\">\n \n<div><h4>\n\n<br>\n<b>Transition and Continuity<\/b>\n<br>\n\nThe electricity supply chain in Nigeria was traditionally managed by the National Electric Power Authority (NEPA), \na vertically integrated national utility. This structure persisted until the Electric Power Sector Reform Act(ESPRA) \nwas introduced in 2005, ending NEPA’s monopoly. In this system, the generation, transmission, and distribution sectors \nwere centrally controlled and managed under the same public service framework.\n<br><br>\n<div>\n <img decoding=\"async\" src=\"\/wp-content\/uploads\/2026\/07\/verticalIntegrated.jpg\" alt=\"verticalIntegrated\" class=\"d-block\" style=\"width:80%\"> \n\t <\/div>\n<br><br>\nThe Electricity Act 2023 aims to address the shortcomings of the Electric Power Sector Reform Act 2005. \nThis new act comprises 22 parts, each focusing on different aspects of the electricity value chain. \nNotable additions include:\n<br>\n<ul>\n<li>Licensing and incorporation of an Independent System Operator (ISO)<\/li>\n<li>Emphasis on renewable energy<\/li>\n<li>Recognition of State Electricity Commissions<\/li>\n<li>Inclusion of independent transmission providers<\/li>\n<li>Establishment of the National Hydroelectric Power Producing Areas Development Commission<\/li>\n<\/ul>\n<br>\n\nThis reformed structure reflects a more comprehensive and modern approach to managing Nigeria’s electricity sector.\n<br>\n<\/h4><\/div>\n<br>\n<br>\n\n\n<div>\n<a href=\"\/index.php\/second-to-fifth-schedules-to-electricity-act-2023\/\" class=\"previous\">\u00ab Previous<\/a>\n<a href=\"\/index.php\/part-i-preliminary-provisions\/\" class=\"next\">Next \u00bb<\/a>\n\n<a href=\"\/index.php\/second-to-fifth-schedules-to-electricity-act-2023\/\" class=\"previous round\">\u2039<\/a>\n<a href=\"\/index.php\/part-i-preliminary-provisions\/\" class=\"next round\">\u203a<\/a>\n<\/div>\n<\/div>\t\n\n<\/div>\n\t\n \n\t \n\t \n\t \n\t <\/div>\n \n \n \n \n \n \n \n \n\n\n\t<br><br><br>\n\t\n\n\n\n\n\n \n\n<\/strict-transport-security:>\n","protected":false},"excerpt":{"rendered":"<p>About Us<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"header2-2","meta":{"footnotes":""},"class_list":["post-1115","page","type-page","status-publish","hentry"],"yoast_head":"\n<title>Introduction to Electricity Act 2023 - 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