Delay
in the declaration of the transitional electricity market (TEM) is holding down
the implementation of several agreements, including power purchase agreements
(PPAs), gas supply aggregation agreements (GSAA) and gas transportation
agreements (GTAs), which would have unlocked the potential of the Nigerian
electricity supply industry, BusinessDay investigations show.
Industry
analysts say the delay is capable of stalling the inflow of the much-needed
funds and capacities into the sector as it increases the risk profile of the
sector.
TEM
represents the intermediate step to move the electricity market in an orderly
manner from an integrated whole utility to a fully competitive market structure
with more differentiated players.
For
instance, the declaration
