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 […]
NERC’s Guidelines on the Registration and Engagement of Third‑Party Collection Service Providers
INTRODUCTION In furtherance of the implementation of the Nigerian Electricity Regulatory Commission (“NERC”)’s Order No. NERC/183/2019, which mandates the migration of Industrial, Commercial and R3 (now Maximum Demand Residential) customers to cashless payment platforms and registration of collection agents and service providers in order to reduce collection losses within the Nigerian Electricity Supply Industry (“NESI”), […]
2026 Mid-Year Nigeria Power Sector Report
Introduction The Nigerian Power Sector continued to witness significant regulatory, institutional, and market developments during the first half of 2026. Despite these developments, the Sector continues to grapple with longstanding structural challenges that undermine its operational efficiency and financial sustainability. As highlighted in our 2025 End-of-Year Nigeria Power Sector Report, the persistent liquidity crisis driven […]
