ARTICLE
22 August 2024

NBET: Order On Transition To Bilateral Trading In The Nigerian Electricity Supply Industry

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Stren & Blan Partners

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On July 26, 2024, Nigeria's electricity sector saw a significant change as the Nigerian Electricity Regulatory Commission (NERC) introduced a new Order...
Nigeria Energy and Natural Resources
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On July 26, 2024, Nigeria's electricity sector saw a significant change as the Nigerian Electricity Regulatory Commission (NERC) introduced a new Order for the Transition to Bilateral Trading in the Nigerian Electricity Supply Industry (NESI) (the "Order"). This order marks the end of the Nigerian Bulk Electricity Trading Company's (NBET) role as the sole electricity trader.

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