Covid-19: A Critical Analysis of the Federal Government’s Proposal to Supply Free Electricity
Recently, the House of Representatives proposed a stimulus bill to facilitate the free distribution of electricity to Nigerians for two months as part of the Federal Government (FG)’s socio-economic response to limit and alleviate the human and economic impact of the Covid-19 pandemic. Other countries such as Ghana and the Democratic Republic of Congo have […]
NERC Issues Order on the Transitional Accounting Treatment of Tariff Related Liabilities in the NESI as Part of Implementation of the PSRP
The Power Sector Recovery Program (PSRP) which was approved by the Federal Executive Council on the 22nd of March 2017 has as its program scope, the de-risking of the power sector for private investment through a comprehensive package of financial, operational, governance, and policy interventions. According to the PSRP, between February 2015 and December 2016, […]
2024 Power Sector Mid-Year Report
In our 2023 Report, we analyzed the level of electricity deficit in Nigeria and examined various initiatives, policies, regulations, and laws aimed at leveraging renewable energy to enhance energy access. This encompassed an evaluation of the Nigerian Energy Transition Plan (NETP) and the Electricity Act 2023. We also made projections on industry and regulatory developments […]
The Lagos State Electricity Bill 2024
Introduction Following the 2023 amendment of the Constitution of the Federal Republic of Nigeria 1999 and the enactment of the Electricity Act 2023 (the “Act”) which provides the framework for the decentralization of regulation within the Power Sector, some States—including Enugu, Ondo, Ekiti, Imo, Oyo, Edo, and more recently, Kogi—have enacted their own electricity laws, […]
