The third quarter of 2026 reflected Nigeria’s energy sector moving from broad legislative reform towards regulatory implementation, enforcement, and market restructuring. Across the petroleum sector, regulators focused on upstream licensing and performance obligations, deep offshore fiscal incentives, domestic gas supply, and competition and market access, while the electricity sector saw continuing decentralisation of regulatory functions and increased intervention in the financial management of Distribution Companies. This edition of the Energy Law Digest covers the key developments.
HIGHLIGHTS IN THIS EDITION:
Upstream Licensing and Performance Obligations: From Acreage Allocation to “Drill-or-Drop” Enforcement