UPSTREAM PETROLEUM FEES AND RENTS (TEMPORARY) REGULATIONS, 2025
Introduction On May 5, 2025, the Nigerian Upstream Petroleum Regulatory Commission (the “Commission”) issued the Upstream Petroleum Fees and Rents (Temporary) Regulations, 2025 (the “Regulation”) which is to serve as a temporary regulatory framework for the determination of fees and rents in the upstream sector pending consultations with stakeholders. The Regulation sets interim measures to […]
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”), […]
