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Nigeria: Editorial calls for antitrust regulation in energy market

By  |  August 20, 2013
Nigeria: Editorial calls for antitrust regulation in energy market

An editorial in Vanguard called for antitrust law within Nigeria’s electricity market, following new policy that required consumers to pay a minimum tax for energy costs regardless of energy consumed. Author Felix Ayanruoh said in the editorial that antitrust law is necessary, as “there is a potential for market manipulation and other abuses when power regulation is devoid of antitrust regulation.” Further, he said, full regulatory power should not be left to the Nigeria Electricity Regulatory Commission, as market-specific watchdogs cannot address all challenges in a maturing economy.

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