Olaniwun Ajayi LP

December 12, 2024

A REVIEW OF THE LAGOS STATE ELECTRICITY LAW 2024

A REVIEW OF THE LAGOS STATE ELECTRICITY LAW 2024

On December 3, 2024, the Governor of Lagos State officially assented to the Lagos State Electricity Law, 2024 (LSEL). This landmark legislation empowers Lagos to independently manage the generation, transmission,...

December 7, 2024

Understanding the NCC Tariff Guidance 2024

The NCC’s 2024 Tariff Guidance: A Step Towards Transparent and Fair Telecom Tariffs in Nigeria

In Nigeria, it is a popular misconception that Mobile Network Operators (MNOs) independently determine tariffs, bundles, and promotional plans offered to their customers. However, this is not the case. The...

October 30, 2024

NERC Quarterly Report in a Nutshell

NERC Quarterly Report in a Nutshell

Pursuant to the Nigerian Electricity Regulatory Commission’s mandate under section 56(3) of the Electricity Act 2023 to present quarterly reports of all its activities to the President and the National...

September 5, 2024

Legal Framework for Utility-Enabled Distributed Energy Resources in Nigeria

The Nigerian Electricity Supply Industry (NESI) has undergone several changes over the years to create a framework that guarantees better conditions for the generation, transmission, and distribution of electricity. These...

August 16, 2024

Newsletter image on the Review of the Order on Bilateral Contracting within the Nigerian Electricity Supply Industry

Review of the Order on Bilateral Contracting within the Nigerian Electricity Supply Industry

Since 2011, the Nigerian Bulk Electricity Trading PLC (NBET) has played a critical role in the Nigerian Electricity Supply Industry (NESI) by being the sole bulk trader of electricity. As...

July 31, 2024

Operationalization of the Meter Acquisition Fund

Review of the Order on the Operationalisation of the Meter Acquisition Fund (Tranche A)

A major challenge for electricity Distribution Companies in Nigeria is the inadequate metering of end-use customers. This contributes to the Aggregate Technical Commercial & Collection (ATC & C) losses experienced...

July 22, 2024

Lawyers at Olaniwun Ajayi advise Blackrose Investment on AkwaIbom plant

Olaniwun Ajayi (UK) LLP and Olaniwun Ajayi LP Advise on Pre-Development Debt Financing for Blackrose Investco Limited’s Landmark US$1.6 Billion Natural Gas to Methanol Project

We are delighted to announce our role as English Law and Nigerian law advisers to Africa Finance Corporation (AFC) on this landmark project development facility to Blackrose. This financing is...

June 20, 2024

Investment Guide for the Electricity Sector in Nigeria 2024

Investment Guide for the Electricity Sector in Nigeria 2024

The recent amendment to Item 14 of the Concurrent Legislative List in Nigeria’s 1999 Constitution now allows states to regulate their electricity sectors. Along with the new Electricity Act 2023,...

June 6, 2024

NERC establishes ISO for Nigerian Electricity Supply

Review of the NERC Order on the Establishment of the ISO for the NESI

On April 30, 2024, the Nigerian Electricity Regulatory Commission (NERC) took action, issuing an order to establish an Independent System Operator (ISO) in line with the provisions of the Electricity...

June 5, 2024

Electricity Tariff in Nigeria

Supplementary Order to the Multi-Year Tariff Order 2024

In January 2024, the Nigerian Electricity Regulatory Commission (NERC) made a significant commitment to reviewing electricity tariffs monthly, in response to changes in macroeconomic conditions, as outlined in the Multi-Year...

December 12, 2024

A REVIEW OF THE LAGOS STATE ELECTRICITY LAW 2024

A REVIEW OF THE LAGOS STATE ELECTRICITY LAW 2024

On December 3, 2024, the Governor of Lagos State officially assented to the Lagos State Electricity Law, 2024 (LSEL). This landmark legislation empowers Lagos to independently manage the generation, transmission,...

December 7, 2024

Understanding the NCC Tariff Guidance 2024

The NCC’s 2024 Tariff Guidance: A Step Towards Transparent and Fair Telecom Tariffs in Nigeria

In Nigeria, it is a popular misconception that Mobile Network Operators (MNOs) independently determine tariffs, bundles, and promotional plans offered to their customers. However, this is not the case. The...

October 30, 2024

NERC Quarterly Report in a Nutshell

NERC Quarterly Report in a Nutshell

Pursuant to the Nigerian Electricity Regulatory Commission’s mandate under section 56(3) of the Electricity Act 2023 to present quarterly reports of all its activities to the President and the National...

September 5, 2024

Legal Framework for Utility-Enabled Distributed Energy Resources in Nigeria

The Nigerian Electricity Supply Industry (NESI) has undergone several changes over the years to create a framework that guarantees better conditions for the generation, transmission, and distribution of electricity. These...

August 16, 2024

Newsletter image on the Review of the Order on Bilateral Contracting within the Nigerian Electricity Supply Industry

Review of the Order on Bilateral Contracting within the Nigerian Electricity Supply Industry

Since 2011, the Nigerian Bulk Electricity Trading PLC (NBET) has played a critical role in the Nigerian Electricity Supply Industry (NESI) by being the sole bulk trader of electricity. As...

July 31, 2024

Operationalization of the Meter Acquisition Fund

Review of the Order on the Operationalisation of the Meter Acquisition Fund (Tranche A)

A major challenge for electricity Distribution Companies in Nigeria is the inadequate metering of end-use customers. This contributes to the Aggregate Technical Commercial & Collection (ATC & C) losses experienced...

July 22, 2024

Lawyers at Olaniwun Ajayi advise Blackrose Investment on AkwaIbom plant

Olaniwun Ajayi (UK) LLP and Olaniwun Ajayi LP Advise on Pre-Development Debt Financing for Blackrose Investco Limited’s Landmark US$1.6 Billion Natural Gas to Methanol Project

We are delighted to announce our role as English Law and Nigerian law advisers to Africa Finance Corporation (AFC) on this landmark project development facility to Blackrose. This financing is...

June 20, 2024

Investment Guide for the Electricity Sector in Nigeria 2024

Investment Guide for the Electricity Sector in Nigeria 2024

The recent amendment to Item 14 of the Concurrent Legislative List in Nigeria’s 1999 Constitution now allows states to regulate their electricity sectors. Along with the new Electricity Act 2023,...

June 6, 2024

NERC establishes ISO for Nigerian Electricity Supply

Review of the NERC Order on the Establishment of the ISO for the NESI

On April 30, 2024, the Nigerian Electricity Regulatory Commission (NERC) took action, issuing an order to establish an Independent System Operator (ISO) in line with the provisions of the Electricity...

June 5, 2024

Electricity Tariff in Nigeria

Supplementary Order to the Multi-Year Tariff Order 2024

In January 2024, the Nigerian Electricity Regulatory Commission (NERC) made a significant commitment to reviewing electricity tariffs monthly, in response to changes in macroeconomic conditions, as outlined in the Multi-Year...