What Nigeria Electricity Act 2023 - NERC Licensing and Market Reform requires
Nigeria's Electricity Act 2023 (signed 9 June 2023) replaces the Electric Power Sector Reform Act 2005; devolves electricity regulation to states for off-grid and mini-grid activities; retains the Nigerian Electricity Regulatory Commission (NERC) for national grid licensees; mandates competitive procurement, MYTO tariff methodology, and 24-hour notice for grid disconnection; and introduces criminal penalties for meter tampering up to 5 years imprisonment.
Pillar: Energy & Utilities · Authority: Nigerian Electricity Regulatory Commission (NERC) and Federal Government of Nigeria · Version: 1.0.0 · Last updated:
Primary source: https://www.nercng.org/
SHA-256 integrity: bd05a6bffab7553617d2a2a565629cc1d959bb806354020e6763918723dee4f6
Primary Citations — 6 traced to source
- {"title":"Electricity Act 2023 - Nigerian Electricity Regulatory Commission","url":"https://www.nercng.org/","section":"Sections 2 (definitions), 161 (meter tampering), 230 (state devolution), licensing provisions, MYTO methodology"}
- {"title":"Nigeria Electricity Act 2023 - Federal Government Official Gazette","url":"https://nass.gov.ng/document/download/14878","section":"Full text of Electricity Act 2023 as signed 9 June 2023; repealing EPSR Act 2005"}
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