The Nigerian Electricity Supply Industry (NESI) has undergone fundamental changes over the past few years with the implementation of the government’s reform programme reputed to be one of the most ambitious privatisation exercises in the global power industry with a transaction cost of over three billion dollars ($3.0bn)

Structure

The Nigeria Electricity Supply Industry (NESI) has the following industry participants:

1.    Federal Ministry of Power

2.    Nigerian Electricity Regulatory Commission

3.    Electricity Generation Companies (GenCos)

4.    Transmission Company of Nigeria (TCN)

5.    Electricity Distribution Companies(DisCos)

6.    Nigerian Bulk Electricity Trading Plc

7.    Gas Aggregator Company of Nigeria

8.    Nigerian Electricity Management Service Agency (NEMSA)

9.    There are presently 23 grid connected generating plants supplying power in the country.