INTRODUCTION
This update highlights recent regulatory and industry developments within Nigeria's power sector, including the issuance of the Nigerian Electricity Regulatory Commission's ("NERC") Guidelines on the Procedures for Technical Audit of the Transmission System and Network Data Validation 2026, the publication of a directory of State Electricity Regulatory Commissions ("SERCs") to support the transition to state electricity regulation, and the establishment of a nine-member inter-agency committee to facilitate the decentralisation of the electricity market.
Collectively, these developments reflect ongoing efforts to strengthen regulatory oversight, support the implementation of the Electricity Act 2023, enhance coordination between federal and state institutions, and improve the governance and operation of the Nigerian Electricity Supply Industry ("NESI").