Market Operators in the power sector have cited the non-recovery and unpaid 100 per cent of its invoices as one of the major liquidity problems confronting the sector and hindering it from efficient service delivery, The Guardian reports.

In addition, they said that infrastructure challenges are still holding the market from growing to its potential three years into the privatisation of the electricity market with over two years of operating the Transitional Electricity Market (TEM).

The Executive Director, Market Operator, Moshood Saleeman and the Head, Independent System Operations (ISO), Musa Gumel, identified these problems while speaking at a stakeholders forum organised by Market Operators. This was meant to stipulate the market rule and eliminate blame games in Nigerian Electricity Market (NEM).

 

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