An energy law expert, Ayodele Oni, has called for new laws to create more incentives for investment in the “power value chain.”
He said Nigeria also needs a few new regulations on “renewable” and on other engineering standards, cabling, among others.
Oni, who holds an LL.M in Energy Law from the University of Calgary, Canada, is a Senior Associate at Lagos law firm Banwo & Ighodalo.
He spoke at the presentation of his new book on the power sector: Nigerian Electric Power Sector: Policy, Law, Negotiation Strategy, Business.
He said the problem with the energy sector, and the power subsector in particular, is not the dearth of laws, but the lack of enough action to attract private sector investments.
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