In a bold push to drive energy access and investment in Nigeria’s sub-national electricity markets, the Rural Electrification Agency (REA) is partnering with the Zamfara State Government to convene a high-level strategic roundtable aimed at catalyzing renewable energy innovation and…
Sanwo-Olu Signs Landmark Lagos Electricity Bill, Aims for 24/7 Power Supply
Lagos State Governor Babajide Sanwo-Olu has signed the Lagos Electricity Bill 2024 into law, a pivotal move aimed at achieving 24-hour electricity supply across the state. The new law enables Lagos to autonomously generate, transmit, and distribute power, in line…
NERC Transfers Electricity Regulatory Oversight in Kogi State to KSERC
In a landmark move following the provisions of the amended Constitution of the Federal Republic of Nigeria and the Electricity Act 2023 (Amended), the Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of the electricity market in Kogi…
NERC Realigns Subsidy Regime and Service Delivery in the Nesi
The Nigerian Electricity Regulatory Commission (“NERC”) has approved revised electricity rates, stating the increase would only affect customers classified under Band A service category (about 15% of the customer population); a class which, according to the commission, through empirical service…