Olaniwun Ajayi LP

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...

May 16, 2024

Understanding the NERC Eligible Customer Regulations, NERC Rules and Procedures

A Review of the NERC Eligible Customer Regulations 2024

The Nigerian Electricity Regulatory Commission (NERC) has been actively promoting competition within the Nigerian Electricity Supply Industry (NESI). Over the years, NERC has developed regulatory initiatives in alignment with the...

April 29, 2024

A Comprehensive Review of Updated Mini-Grids Regulation 2023

A Review of the Updated NERC Mini-Grid Regulations 2023

The Nigerian Electricity Regulatory Commission (NERC) has updated its Mini-Grid Regulations 2023 (the Regulations) in line with the decentralization of the Nigerian Electricity Supply Industry (NESI) as outlined in the...

March 21, 2024

Olaniwun Ajayi Advises Konexa on Powering Nigeria's Largest Brewery Company with 100% Renewable Energy

Olaniwun Ajayi Advises the Energy Company of the Future in Connection with Powering the Pioneer and Largest Brewery Company in Nigeria with 100% Renewable Energy

Olaniwun Ajayi LP (OALP or the Firm) proudly announces its advisory role to Konexa for the development, construction, and financing of a renewable energy project. This project aims to supply...

March 18, 2024

No change to electricity tariffs in NERC's MYTO 2024

Nigeria’s NERC MYTO 2024: No Change to Electricity Tariff

The Multi-Year Tariff Order 2024 (MYTO or the Order), issued on 28th December 2023, establishes a new legal order in the Nigerian Electricity Supply Industry (NESI) tariff regime. The Nigerian...

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...

May 16, 2024

Understanding the NERC Eligible Customer Regulations, NERC Rules and Procedures

A Review of the NERC Eligible Customer Regulations 2024

The Nigerian Electricity Regulatory Commission (NERC) has been actively promoting competition within the Nigerian Electricity Supply Industry (NESI). Over the years, NERC has developed regulatory initiatives in alignment with the...

April 29, 2024

A Comprehensive Review of Updated Mini-Grids Regulation 2023

A Review of the Updated NERC Mini-Grid Regulations 2023

The Nigerian Electricity Regulatory Commission (NERC) has updated its Mini-Grid Regulations 2023 (the Regulations) in line with the decentralization of the Nigerian Electricity Supply Industry (NESI) as outlined in the...

March 21, 2024

Olaniwun Ajayi Advises Konexa on Powering Nigeria's Largest Brewery Company with 100% Renewable Energy

Olaniwun Ajayi Advises the Energy Company of the Future in Connection with Powering the Pioneer and Largest Brewery Company in Nigeria with 100% Renewable Energy

Olaniwun Ajayi LP (OALP or the Firm) proudly announces its advisory role to Konexa for the development, construction, and financing of a renewable energy project. This project aims to supply...

March 18, 2024

No change to electricity tariffs in NERC's MYTO 2024

Nigeria’s NERC MYTO 2024: No Change to Electricity Tariff

The Multi-Year Tariff Order 2024 (MYTO or the Order), issued on 28th December 2023, establishes a new legal order in the Nigerian Electricity Supply Industry (NESI) tariff regime. The Nigerian...