COVID-19: The constitutionality of President M. Buhari’s lockdown of 3 major cities in Nigeria. During his latest state of the nation address on March 29, 2019, President Muhammed Buhari in a bid to curtail the spread of the coronavirus announced that there will be fourteen days (14) lockdown in Lagos State, Ogun State and the …
The Impact of the ELIGIBLE CUSTOMER REGULATION 2017 (Part 2)
In Part 1 of this series we looked at what constituted the Eligible Customer policy directive, the categories of Eligible Customers and its impact on the NESI.
Regulatory Framework for Foreign Company Incorporation in Nigeria (Part 2)
In Part 1 we had discussed the first three steps in registering a foreign company in Nigeria which included incorporation at CAC, obtaining a TIN as well as registering for VAT with FIRS, opening a domiciliary account and obtaining a certificate of capital importation.
The Impact of the ELIGIBLE CUSTOMER REGULATION 2017 (Part 1)
The then Minister of Power, Works and Housing made a declaration taking effect on 19 May 2017 which allows eligible consumers purchase electrical power from generating companies (GenCos), this declaration was in accordance with section 27 Electric Power Sector Reform Act (EPSRA) 2005
Regulatory Framework for Foreign Company Incorporation in Nigeria (Part 1)
A foreign company interested in setting up a new company, subsidiary or a Joint Venture in Nigeria will need to meet certain basic regulatory framework which will legalize its entry into the country.
Interconnected Minigrids: Bridging The Gap Between On-Grid And Off-Grid In Nigeria
Despite the N700 billion and another N600 billion intervention fund to ameliorate the liquidity crisis plaguing the power sector, it is still in murky waters. Along the power value chain we find that gas Generating Companies (GenCos) are unable to pay their suppliers and are currently facing liquidation threats as a result of huge indebtedness …
The Off-Grid Sector, the Opportunities and Challenges for Investors
For a population of about 200 million, Nigeria needs 180,000MW of power, but generates 4,500MW. The transmission company (TCN), which evacuates generated power to distribution companies, has a transmission capacity of 8,100MW, but can evacuate only about half of the current installed capacity. The TCN is the weakest link in the electricity network. As a …
Getting the Deal Through: Renewable Energy 2020
Getting the Deal Through – Renewable Energy is a timely overview of the key legislation and regulation affecting the development of renewable energy and clean power worldwide. Topics covered include: legal definitions of renewable energy and clean power; government and private participants in the renewable electricity sector; frameworks for developing, financing, operating and selling renewable …
Getting the Deal Through: Electricity Regulation 2020
An overview of the regulation and business of electricity generation, transmission, distribution and supply, provided by lawyers writing on the markets in their own jurisdictions. Areas covered include: governmental policy, legislative framework and industry overview, government and administrative authorizations, interconnection of generation to the grid, transactions between utilities and their affiliates, access to transmission services …
NERC’S Proposed Franchising Of Discos and Attendant Problems
Since the commencement of Power Sector Reforms in 2005, the Distribution Companies (DisCos) have been unable to satisfactorily meet stakeholders’ expectations in the provision of reliable electricity services to all customers within their coverage areas. DisCos have had little or limited expansion of their networks as such unable to satisfactorily supply electricity to consumers who are connected …
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