Corporate Governance Code for the NESI: Implications for Power Sector Licensees

Corporate Governance Code for the NESI: Implications for Power Sector Licensees

INTRODUCTION Pursuant to Sections 34 and 226(1) of the Electricity Act 2023 (the “Act”), the Nigerian Electricity Regulatory Commission (“NERC”) published the Code of Corporate Governance for the Nigerian Electricity Supply Industry (the “Code”) on May 30, 2025. The aim of the Code is to promote accountability and transparency of Licensees within the Nigerian Electricity […]