The success of Nigeria’s electricity sector reforms has taken another hit as the declaration of the Transitional Electricity Market (TEM) – at which point the contracts and power purchase agreements signed between generation and distribution companies (discos) will become effective – has yet again been delayed. The TEM, which was originally intended to be active upon the completion of the privatisation process, is now expected to be declared on 1 September. Until this time, the market will continue to operate under a set of controversial interim rules dictated by the government.
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