Nigeria Electricity- Tariff Review Update

Clikck here to download -> NIGERIA ELECTRICITY- TARIFF REVIEW UPDATE NIGERIA ELECTRICITY– TARIFF REVIEW UPDATE Introduction: The Nigerian Electricity Regulatory Commission is responsible for the regulation and determination of electricity tariff in the Nigeria Electricity Supply Industry. One of the primary functions of the Commission as contained in Section 32 (d) of the Electric Power …

The Role of Intellectual Property in Innovation and Access to Medicine

  Introduction In general parlance, there is an interplay among intellectual property, international trade, international human rights, innovation, and access to essential medicines. Key stakeholders and countries around the world have contributed keenly to this discourse with emerging national, regional and international policies to regulate the interplay. The discussion becomes pertinent due to the public …

Energy Transition- Impact on the Nigeria Power Sector

  Introduction:  Energy transition encompasses a movement from the use of fossil fuel such as coal, crude oil and natural gas in our energy supply system to a system based on energy generated from renewable sources such as solar, wind and geothermal energy. Fossil energy sources are limited and usually reserve based. In addition, in …

BreaktheBias

  The month of March is women’s history month for the celebration of the International Women’s Day which is celebrated annually on March 8. The day presents an opportunity to reflect on the progress made to call for change, accelerate gender parity and celebrate acts of courage and the strides taken to elevate the position …

THE FUTURE OF FINTECH IN NIGERIA: RISK AND REGULATORY COMPLIANCE

  INTRODUCTION   The fusion of financial institutions and technology (fintech) is unarguably the next big trending industry globally. Fintechs in Nigeria are not left out. According to a census carried out by EY the total amount of fintenchs in Nigeria’s fintech landscape is 290.[1] Examples of Nigerian fintechs include the likes of Interswitch, Piggyvest, …

Factors Hindering the Implementation of a Cost Reflective Tariff- NERC Perspective (Part 2)

There has been much ado about implementing a cost reflective tariff especially in recent times by key sector participants: Generating Companies (GenCos), Transmission Company of Nigeria (TCN) and the Distribution Companies (DisCos). On March 31, 2020, the Nigerian Electricity Regulatory Commission (NERC) issued an order titled NERC Order No: NERC/198/2020 – Order on the Transition …

Overview of Cost Reflective Tariff as Basis for Improved Electricity Services in the NESI- Part 1

Nigeria today is grappling to find its way out of the darkness that seemingly never goes away. Irregular electricity supply continues to be a mammoth issue that stakeholders and citizens bemoan every day. The 11 Distribution Companies (DisCos) who took over the distribution assets from the now defunct Power Holding Company of Nigeria (PHCN) and …

Combating Counterfeit Drugs In Nigeria: A LEGAL RECOURSE

    INTRODUCTION Counterfeit drugs are drugs deliberately and fraudulently mislabeled with the intent to deceive and profit. They are rarely efficacious and are often dangerous and detrimental to public health. The Nigerian Fake Drugs and Unwholesome Processed Foods (Miscellaneous Provisions) Act (CAP C34, 2004)[1]  defined fake drugs to mean: ”any drug or drug product …