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 …

Innovate For A Green Future

  The World Intellectual Property Day is an annual celebration which emphasizes on the importance of Intellectual Property rights and to celebrate creativity and innovation across the globe. The theme of the 2020 World IP day focuses on how intellectual property rights encourage green innovation. It emphasizes on Intellectual Property and Innovative technologies that protect …

Venture Capital Financing: What Every Startup Must Know

Venture capital funding has become very popular with startups seeking financing these days. The number of venture capitalist (VC) firms has continued to grow, with venture capitalist seeking startups having high-risks and potential for high-returns. Venture capital financing are not easy to obtain or close, however, startups will be better positioned to obtain them if …