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Investment Guide for the Electricity Sector in Nigeria 2024

Investment Guide for the Electricity Sector in Nigeria 2024

The recent amendment to Item 14 of the Concurrent Legislative List in Nigeria's 1999 Constitution now allows states to regulate their electricity sectors. Along with the new Electricity Act 2023, this has...
NERC establishes ISO for Nigerian Electricity Supply

Review of the NERC Order on the Establishment of the ISO for the NESI

On April 30, 2024, the Nigerian Electricity Regulatory Commission (NERC) took action, issuing an order to establish an Independent System Operator (ISO) in line with the provisions of the Electricity Act of...
Electricity Tariff in Nigeria

Supplementary Order to the Multi-Year Tariff Order 2024

In January 2024, the Nigerian Electricity Regulatory Commission (NERC) made a significant commitment to reviewing electricity tariffs monthly, in response to changes in macroeconomic conditions, as outlined in the Multi-Year Tariff Order...
Understanding the NERC Eligible Customer Regulations, NERC Rules and Procedures

A Review of the NERC Eligible Customer Regulations 2024

The Nigerian Electricity Regulatory Commission (NERC) has been actively promoting competition within the Nigerian Electricity Supply Industry (NESI). Over the years, NERC has developed regulatory initiatives in alignment with the Electric Power...
A Comprehensive Review of Updated Mini-Grids Regulation 2023

A Review of the Updated NERC Mini-Grid Regulations 2023

The Nigerian Electricity Regulatory Commission (NERC) has updated its Mini-Grid Regulations 2023 (the Regulations) in line with the decentralization of the Nigerian Electricity Supply Industry (NESI) as outlined in the Electricity Act...
Olaniwun Ajayi Advises Konexa on Powering Nigeria's Largest Brewery Company with 100% Renewable Energy

Olaniwun Ajayi Advises the Energy Company of the Future in Connection with Powering the...

Olaniwun Ajayi LP (OALP or the Firm) proudly announces its advisory role to Konexa for the development, construction, and financing of a renewable energy project. This project aims to supply 100% renewable...
No change to electricity tariffs in NERC's MYTO 2024

Nigeria’s NERC MYTO 2024: No Change to Electricity Tariff

The Multi-Year Tariff Order 2024 (MYTO or the Order), issued on 28th December 2023, establishes a new legal order in the Nigerian Electricity Supply Industry (NESI) tariff regime. The Nigerian Electricity Regulatory...
Infrastructure Sector in Nigeria; Projections for 2024

Infrastructure Wrap-Up Report and Outlook 2024

2023 heralded significant developments in the Nigerian infrastructure landscape. Notably, there were laudable initiatives aimed at facilitating investment in infrastructure projects to tackle Nigeria’s huge infrastructure deficit. These include the proposed establishment...
Power Sector Outlook for 2024 in Nigeria by Olaniwun Ajayi LP.

Power Wrap-Up and Outlook 2024

The year 2023 marked a decade, post-privatization of the power sector and witnessed significant legislative milestones which began with the enactment of the Constitution of the Federal Republic of Nigeria (Fifth Alteration)...

Impact of the COP28 Agreement on African Oil Producers

The 28th Conference of Parties (COP28) which was held in the United Arab Emirates and concluded on 12 December 2023, delivered the UAE Consensus that culminated in the first Global Stocktake. With...