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ARTICLE · 06 MAY 2026

Power Sector Updates No. 1: January 2026

Udo Udoma & Belo-Osagie
Udo Udoma & Belo-Osagie
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Udo Udoma & Belo-Osagie

Udo Udoma & Belo-Osagie

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This update provides an overview of some recent regulatory and market developments in Nigeria’s power sector, including the decentralisation of regulatory oversight to state regulators, emerging and proposed frameworks for distributed generation and interconnected mini-grids, developments under the Nigerian Bulk Electricity Trading Plc (“NBET”) bond programme, and ongoing metering interventions.

NigeriaEnergy and Natural Resources
Udo Udoma & Belo-Osagie
Udo Udoma & Belo-Osagie
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This update provides an overview of some recent regulatory and market developments in Nigeria’s power sector, including the decentralisation of regulatory oversight to state regulators, emerging and proposed frameworks for distributed generation and interconnected mini-grids, developments under the Nigerian Bulk Electricity Trading Plc (“NBET”) bond programme, and ongoing metering interventions. Together, these developments reflect a continued shift towards financial stabilisation, decentralised regulation, and clearer commercial frameworks across the electricity value chain, marking a recognised turning point in the evolution of Nigeria’s power sector. We will continue to monitor these developments and share further updates on a monthly basis.

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