📺 Nigeria TV Info – The Federal Government may initiate a fresh round of privatisation of the 11 electricity distribution companies (DisCos) if the proposed Electricity Act (Amendment) Bill, 2025 becomes law. The bill, sponsored by Senator Enyinnaya Abaribe (Abia South), is currently under consideration in the National Assembly and has already passed its second reading.

The legislation aims to overhaul the 2023 Electricity Act by closing regulatory loopholes and holding core investors accountable for the sector's poor performance and deepening debt crisis. Under the proposed amendment, investors who fail to inject fresh capital into their DisCos within 12 months of the bill’s assent may face serious consequences, including share dilution, receivership, or outright re-privatisation.

If enacted, this reform could significantly reshape Nigeria's power sector by empowering regulators to enforce stricter financial and operational standards. The move reflects the government's frustration with years of stagnation in electricity supply and investment failure across the distribution segment.