Electricity is a necessity for any thriving economy. For several years, however, factors such as inadequate infrastructure, inefficient legal/regulatory frameworks, and limited private sector participation have impeded the availability of reliable and affordable electricity to millions of Nigerians. Following the constitutional amendments, the enactment of the Electricity Act, 2023 (the “Act“), which repeals the Electricity and...

As part of deliberate efforts to boost investment in the alternative energy sector, the management of Odyssey Energy Solutions has signed a $100 million Memorandum of Understanding (MoU) with Renewable Energy Association of Nigeria (REAN) for the procurement of solar equipment.