The document seen by THISDAY was signed by NERC's Chairman, Musiliu Oseni and Vice Chair, Yusuf Ali. Although the revised order provided some immediate relief compared with the original framework, it retained NERC's central requirement that a significant portion of revenues ea...
The document seen by THISDAY was signed by NERC's Chairman, Musiliu Oseni and Vice Chair, Yusuf Ali.
Although the revised order provided some immediate relief compared with the original framework, it retained NERC's central requirement that a significant portion of revenues ea...
Under the revised arrangement, debt-free DisCos will retain 50 per cent of their earned non-administrative Operating Expenditure (OpEx) for operational needs between August 2026 and January 2027, with the...
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The document seen by THISDAY was signed by NERC's Chairman, Musiliu Oseni and Vice Chair, Yusuf Ali. Although the revised order provided some immediate relief compared with the original framework, it retained NERC's central requirement that a significant portion of revenues ea... Under the revised arrangement, debt-free DisCos will retain 50 per cent of their earned non-administrative Operating Expenditure (OpEx) for operational needs between August 2026 and January 2027, with the balance transferred into dedicated Capital Expenditure (CapEx) Provision Accounts.
Under the revised arrangement, debt-free DisCos will retain 50 per cent of their earned non-administrative Operating Expenditure (OpEx) for operational needs between August 2026 and January 2027, with the balance transferred into dedicated Capital Expenditure (CapEx) Provision Accounts. The new Order No: NERC/2026/062A, titled: "Revised Order on Successor Distribution Companies' Utilisation of Earned Non Administrative Operating Expenditure", dated September 4 effectively reviewed and replaced the earlier Order No: NERC/2026/062 issued by the commission on June 30, 2026.
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