Electricity Act 2023

Court Dismisses Lawsuit Against Band A Electricity Tariff Review

Oct 10, 2024. by Praise Ben

The Federal High Court in Lagos has dismissed a lawsuit filed by the Manufacturers Association of Nigeria (MAN) challenging the implementation of the Band A electricity tariff review by the Abuja Electricity Distribution Company (AEDC) and 11 others. The Nigerian Electricity Regulatory Commission (NERC) announced the ruling, delivered on Monday, which concluded that MAN’s case … Read more

Tinubu Amplifies Energy Sector with Game-Changing Act

Jun 9, 2023.Jun 9, 2023. by Praise Ben

Tinubu has assented to the Electricity Act 2023, replacing the Electricity and Power Sector Reform Act of 2005, consolidating all legislations and creating a comprehensive framework for the Nigerian Electricity Supply Industry (NESI). The Act aims to de-monopolize electricity generation, transmission, and distribution at the national level and promote private sector investments in the sector. … Read more