This article explores some of the challenges facing the government, investors, regulators, and the public as Nigeria seeks to meet the challenge of economic growth by developing its national infrastructure through public private partnership models.
Taking the privatisation of the Nigerian electricity supply industry as an example, it considers the requirements for a sustainable legal and regulatory framework that can respond to unexpected circumstances and rebalance risks and rewards. In the article, the words electricity sector and power sector are used interchangeably, to convey the same meaning.
This article is part of the global guide to construction and projects law. For a full list of jurisdictional Q&As visit www.practicallaw.com/construction-guide.