
States in Nigeria must prioritise financial viability as it is critical to unlocking the full potential of their nascent electricity markets and attracting the much-needed investment, industry stakeholders said on Tuesday.
While the Electricity Act presents an unprecedented opportunity for states to drive power development, the stakeholders noted that ensuring that power generators can recover costs remains the sector's most formidable challenge.
This was made known at the Energy Conference 2025, which was organised by Businessday and the