This Week, our Senior Associate, Moses Pila, contributed to an article in BusinessDay newspaper, West Africa’s leading provider of business news.

The article examines the Nigerian Government’s subsidy cut to the power sector as a result of the implementation of the service-based tariff regime, where customers are charged based on the number of hours of electricity supplied.

In this publication, we provide an overview of the impact of the Central Bank of Nigeria’s interventions in the power sector which formed the basis of the BusinessDay article.