NISO Backs Electricity Act Reforms, Explores Opportunities in Emerging Power Market

<p><strong>The Nigerian Independent System Operator &lpar;NISO&rpar; has joined key stakeholders in the Nigerian Electricity Supply Industry to examine reforms introduced by the Electricity Act 2023 and explore opportunities in Nigeria’s emerging multi-level electricity market&period;<&sol;strong><&sol;p>&NewLine;<p>The Managing Director&sol;Chief Executive Officer of NISO&comma; Engr&period; Abdu Bello Mohammed&comma; led the organisation’s delegation to the National Workshop on the Electricity Act 2023 held on Wednesday at the State House Banquet Hall&comma; Presidential Villa&comma; Abuja&period;<&sol;p><p class&equals;"ari-link"><strong>Read also&colon;<&sol;strong> <a href&equals;"https&colon;&sol;&sol;sparknewsdaily&period;com&period;ng&sol;northern-christian-elders-urge-tinubu-to-reverse-petrol-price-hike&sol;">Northern Christian Elders Urge Tinubu to Reverse Petrol Price Hike<&sol;a><&sol;p>&NewLine;<p>Other members of the delegation were the Company Secretary and General Manager&comma; Legal&comma; Barr&period; Bashir Ahmed&comma; and the Assistant General Manager&comma; Legal&comma; Hajiya Maryam Gabdo Malabu&period;<&sol;p><p class&equals;"ari-link"><strong>Read also&colon;<&sol;strong> <a href&equals;"https&colon;&sol;&sol;sparknewsdaily&period;com&period;ng&sol;group-calls-for-due-diligence-in-execution-of-the-nigeria-morocco-gas-pipeline-project&sol;">Group Calls for Due Diligence in Execution of the Nigeria-Morocco Gas Pipeline Project <&sol;a><&sol;p><&sol;p>&NewLine;<p>The two-day workshop was organised by the Office of the Vice President in collaboration with AllStates Management Partners Solutions Limited to examine the implications of the legislation and its role in transforming Nigeria’s electricity sector&period;<&sol;p>&NewLine;<p class&equals;"ari-link"><strong>Read also&colon;<&sol;strong> <a href&equals;"https&colon;&sol;&sol;sparknewsdaily&period;com&period;ng&sol;nerc-reaffirms-commitment-to-electricity-sector-growth-as-nigeria-marks-66th-independence&sol;">NERC Reaffirms Commitment to Electricity Sector Growth as Nigeria Marks 66th Independence<&sol;a><&sol;p><p>Discussions centred on the development of a multi-level electricity market&comma; with particular attention to opportunities for states to establish sustainable electricity markets&comma; attract investment and improve power supply&period;<&sol;p>&NewLine;<p>Spark News reports that the workshop also featured panel discussions involving industry experts and stakeholders&comma; who examined the implementation of the reforms&comma; identified emerging challenges and explored practical approaches to strengthening electricity markets across the country&period;<&sol;p>&NewLine;