Introduction: The Nigerian Electricity Regulatory Commission (“NERC” or the “Commission”) has delegated regulatory authority over Oyo State’s power market to the Oyo State Electricity Regulatory Commission (“OSERC”). As a result of this order, the newly established OSERC will assume the regulatory responsibilities tasks that NERC previously had prior to decentralization. Decentralisation of Nigerian power regulation […]

A Review of the Order on the Transition to Bilateral Trading in the Nigerian Electricity Supply Industry (NESI) Introduction Nigeria seeks to increase the effectiveness and reliability of its power sector. It has established a framework that aims to facilitate a more competitive environment by promoting direct contracts between Generation Companies (GenCos) and Distribution Companies […]

Introduction: One of the main concerns of countries all over the world is the issue of energy security. Energy-rich nations must contend with issues related to energy security. For instance, Nigeria’s economy in which crude oil and natural gas are the primary economic commodities, exemplifies the country’s sensitivity to energy. Therefore, Nigeria’s inadequate and inefficient […]

Introduction: On June 27th, 2024, the Nigerian Electricity Regulatory Commission (“NERC”) issued an Order to transfer the regulatory oversight of the Electricity Market in Imo State to ISERC. This move follows the enactment of the Constitution of the Federal Republic of Nigeria, 1999 (Fifth Alteration), Act, (No. 17), 2023, and the Electricity Act 2023 (“EA […]

INTRODUCTION The dire need to ensure fair access, efficient and effective distribution of electricity is quite paramount in the electricity sector. In order to achieve this stride, the Nigerian electricity Regulatory Commission (NERC) released the Eligible Customer’s (EC) Regulations 2024, pursuant to Sections 11, 12, and 13 the Electricity Act 2023 (the Act), to establish […]

Introduction: The emergence of social media has remarkably redefined human interactions, making communication more interactive and immediate. With platforms such as Facebook, X, Instagram, YouTube, TikTok, and LinkedIn ingrained in our daily lives, individuals can now instantly share their thoughts and experiences with the global audience, fostering real-time engagement and feedback. Social media has introduced […]

1. Introduction: Artificial  Intelligence (AI) is rapidly altering the mode and manner of human and business interactions in the world, with its applications present in virtually every industry and sector ranging from financial to health, real estate, human resources, cloud computing and storage, telecommunications, entertainment/content creation etc. The common denominator in the application of AI […]

INTRODUCTION The role of the oil and gas industry as the primary contributor to Nigeria’s external reserves undeniably highlights the sector’s economic significance. It is no secret that the sector bears an overarching importance to the well-being of the Nigerian economy. Hence, the decline in investments in the oil and gas sector witnessed by the […]

INTRODUCTION Global warming, or climate change, is a phenomenon that occurs naturally, but over time, human activities have tripled the amount of greenhouse gases (GHGs) released into the atmosphere. There have been contemporary intentional legal actions to reduce GHG emissions; these actions signify continuous endeavours to tackle the obstacles presented by greenhouse gas emissions and […]

INTRODUCTION Environmental degradation has become a global problem and is not a respecter of borders. Climate change has become a major concern for the international community, companies, and policymakers, amongst others because climate action is number 13 of the United Nations Sustainable Development Goal.[1] There is no doubt that companies have a pivotal role to […]