Uhunmwangho, E, E and Akinnifesi, A.F and Afunlehin, O, A (2015) Effective Regulation of Electric power sector in Nigeria. In: 1st National Conference, School of Engineering, Yaba College of Technology, 2015, Yaba, Lagos.
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Abstract
As energy crisis in Nigeria worsen and the realization that electricity is an impetus for economic growth, increasing citizen access to electricity continue to maintain its prominence in the country and with the main emphasis moving from the gigantic, national electricity company toward a multi-player privatized market has led to a substantial transformation in the polices governing regulations of the power sector. This paper evaluates the regulatory agency mandate to monitor and regulate the electricity industry in the country so as to guarantee conformity with market rules and operating standards. The paper concludes that the effective development of electric power sector in the country hinges on the implementation of suitable public policies and the effective adoption of these policies that will provide stability, safeguard consumers from the manipulation of market power, protect consumers and operators against political dishonesty, and provides motivation for service providers to operate efficiently.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | Q Science > QC Physics |
| Divisions: | Faculty of Engineering, Science and Mathematics > School of Engineering Sciences |
| Depositing User: | Mr Adedamola Bameke |
| Date Deposited: | 28 Jun 2020 20:28 |
| Last Modified: | 28 Jun 2020 20:28 |
| URI: | http://eprints.federalpolyilaro.edu.ng/id/eprint/797 |
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