Publication date: 2015, August
Author: Advocaat
Description: One of the key objectives of the Nigeria Electricity Sector reform was to create efficient market structures, within clear regulatory frameworks, that would encourage competitive markets for the entire electricity value chain in Nigeria. The implementation of market competition in the electricity sector was designed to progress gradually in four phases- the Pre-Transition Electricity Market (Pre-TEM), the Transition Electricity Market (TEM), Medium Term Electricity Market (MTEM) and the Long Term Electricity Market (LTEM).
