Section 130 Nigerian Electricity Act 2023
Section 130 Electricity Act 2023 Section 130 of the Electricity Act 2023 is about Establishment and composition of the Croverning Board of the Agency. It is under Part XVI (Rural Electrification Agency) of the Act. (1) There is established for the Agency a Governing Board (in this Act referred to as “the Board”) which shall […]
Section 129 Nigerian Electricity Act 2023
Section 129 Electricity Act 2023 Section 129 of the Electricity Act 2023 is about Functions and powers of the Agency. It is under Part XVI (Rural Electrification Agency) of the Act. (1) For the furtherance of its objectives under section 128 of this Act, the functions of the Agency are to —- (a) promote universal […]
Section 128 Nigerian Electricity Act 2023
Section 128 Electricity Act 2023 Section 128 of the Electricity Act 2023 is about Objectives of the Agency. It is under Part XVI (Rural Electrification Agency) of the Act. The objectives of the Agency are to —(a) create an enabling channel for entry into markets for rural, unserved and underserved electrification services, and to coordinate […]
Section 127 Nigerian Electricity Act 2023
Section 127 Electricity Act 2023 Section 127 of the Electricity Act 2023 is about Establishment of the Rural Electrification Agency. It is under Part XVI (Rural Electrification Agency) of the Act. (1) There is established the Rural Electrification Agency (in this Act, referred to as “the Agency”) which shall be charged with the functions provided […]
Section 126 Nigerian Electricity Act 2023
Section 126 Electricity Act 2023 Section 126 of the Electricity Act 2023 is about Fine for non-payment of money owed. It is under Part XV (The Power Consumer Assistance Fund) of the Act. Any person who fails to pay to the Commission or a distribution licensee, within the prescribed time, any amount owed under this […]
Section 125 Nigerian Electricity Act 2023
Section 125 Electricity Act 2023 Section 125 of the Electricity Act 2023 is about Payments from the PCAF. It is under Part XV (The Power Consumer Assistance Fund) of the Act. Where the Minister has determined that subsidy payments from the PCAF should be disbursed to distribution companies for electricity supplied to designated consumers, or […]
Section 124 Nigerian Electricity Act 2023
Section 124 Electricity Act 2023 Section 124 of the Electricity Act 2023 is about Contribution payments for the PCAF. It is under Part XV (The Power Consumer Assistance Fund) of the Act. (1) All consumers and eligible customers including such class of customers under section 123 (2) of this Act shall make contributions to the […]
Section 123 Nigerian Electricity Act 2023
Section 123 Electricity Act 2023 Section 123 of the Electricity Act 2023 is about Contribution rates for the PCAF. It is under Part XV (The Power Consumer Assistance Fund) of the Act. (1) The Commission shall determine the contribution rates to be sent by designated consumers and class of consumers and eligible customers to the […]
Section 122 Nigerian Electricity Act 2023
Section 122 Electricity Act 2023 Section 122 of the Electricity Act 2023 is about Establishment of the Power Consumer Assistance Fund. It is under Part XV (The Power Consumer Assistance Fund) of the Act. (1) There is established the Power Consumer Assistance Fund (in this Act referred toas “PCAF”) to be used for the purposes […]
Section 121 Nigerian Electricity Act 2023
Section 121 Electricity Act 2023 Section 121 of the Electricity Act 2023 is about Competition and market power. It is under Part XIV (Competition and Market Power) of the Act. (1) The Commission. shall have a continuing responsibility to monitor the NESI in regard to its potential for additional competition and to report on this […]