Program : Energy Policy, Regulation and Management (EPRM)

Degree : MSc/MEng

Course Code : ACE 664

Course Name : Market Reforms and Utility Regulation (Legal and Regulatory Provisions)

Course Category : Compulsory Core Courses

Semester : Second Semester

Credit Hours : 3

Overview of monopolies (public and private), competitive industries. It will expose students to deregulation issues, re-regulation, privatization and liberalization of utility services, drivers of utility reform in developed and developing economies, social and political objectives and priorities in reform, institutional responsibilities, reform policy, legal and regulation provisions, regional cooperation and coordination, market structures, best practice regulation, antitrust principles. Case studies-Electricity reform in Nigeria, policy EPSRA, telecoms reform in Nigeria, Gas, the Nigeria Petroleum Industry Bill and International experiences.