Last November, previously government owned power companies were sold to private sector investors. The move is a significant step towards the provision of reliable power in Africa's largest economy. Another requirement for the smooth transition of Nigeria to a private sector led power sector is the declaration of the transitional electricity market by the Power Minister. The declaration will give effect to contracts signed by investors and a wider range of reforms designed to create a private sector led power industry. CNBC Africa's Wole Famurewa moderates a conversation with investors, financiers and regulators in Nigeria's power industry as they discuss the impact of the transitional electricity market on Nigeria's power sector.
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