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”), […]
