Section 15 Electricity Act 2023 Section 15 of the Electricity Act 2023 is about Incorporation and licensing of the ISO. It is under Part IV (Incorporation and Licensing of ISO) of the Act. (1) The Transmission Company of Nigeria Plc (in this Act referred to as “TCN”), being the successor company issued the license that…

Section 14 Electricity Act 2023 Section 14 of the Electricity Act 2023 is about Public hearing respecting competition transition charges. It is under Part III (Development of a Competitive National Electricity Market) of the Act. In the determination of competition transition charges under section 13 of this Act, the Commission may hold public hearings to…

Section 13 Electricity Act 2023 Section 13 of the Electricity Act 2023 is about Commission’s determination respecting competition transition charges. It is under Part III (Development of a Competitive National Electricity Market) of the Act. The Commission shall establish the amount tor the competition transition charge and the arrangements for the collection and distribution of…

Section 12 Electricity Act 2023 Section 12 of the Electricity Act 2023 is about Commission’s directive respecting competition transition charges. It is under Part III (Development of a Competitive National Electricity Market) of the Act. (1) If the Commission determines that following its directive given under section 11 of this Act will result in decreasing…

Section 11 Electricity Act 2023 Section 11 of the Electricity Act 2023 is about Commission’s directive respecting eligible customers. It is under Part III (Development of a Competitive National Electricity Market) of the Act. (1) From the commencement of this Act, it shall be the responsibility of the Commission to issue directives specifying the class…

Section 10 Electricity Act 2023 Section 10 of the Electricity Act 2023 is about Market rules and grid code. It is under Part III (Development of a Competitive National Electricity Market) of the Act. (1) There shall be market rules and grid code as developed by the system operator and approved by the Commission for…

Section 9 Electricity Act 2023 Section 9 of the Electricity Act 2023 is about Sale and purchase of electricity and ancillary services. It is under Part III (Development of a Competitive National Electricity Market) of the Act. (1) The sale and purchase of electricity and ancillary services during the medium-term market stage shall be ir.…

Section 8 Electricity Act 2023 Section 8 of the Electricity Act 2023 is about Declaration of competitive electricity markets. It is under Part III (Development of a Competitive National Electricity Market) of the Act. (1) The Commission shall present to the President and the National Assembly each report Declaration of made under section 7 (2)…

Section 7 Electricity Act 2023 Section 7 of the Electricity Act 2023 is about Competition during the post-privatisation stage. It is under Part III (Development of a Competitive National Electricity Market) of the Act. (1) From the commencement of this Act, the Commission shall, without prejudice to its powers under section 34 of this Act,…

Section 6 Electricity Act 2023 Section 6 of the Electricity Act 2023 is about Legal validity of pre-privatisation and post-privatisation. It is under Part III (Development of a Competitive National Electricity Market) of the Act. Without prejudice to the transitional and saving provisions contained in sections 230 and 231 of this Act, this Act recognises…