News

NERC Transfers Electricity Regulation to Plateau State Commission

Published

1 year ago

March 26, 2025

vicky

The Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory oversight of Plateau State’s electricity market to the Plateau State Electricity Regulatory Commission (PSERC).

This development aligns with the amended Electricity Act and the Nigerian Constitution, granting states authority over electricity generation, transmission, and distribution within their territories.

The transfer was confirmed in a statement posted by NERC on its official X (formerly Twitter) page on Friday.

According to the statement, Plateau State met the necessary legal requirements by formally notifying NERC and requesting the transfer of regulatory authority over the state’s electricity operations.

Under the new arrangement, Jos Electricity Distribution Plc (JED) will establish a subsidiary known as JED SubCo. This subsidiary will manage the intrastate supply and distribution of electricity in Plateau State, with the incorporation process set to be completed within 60 days from March 12, 2025. JED SubCo will also apply for a license to operate within the state’s electricity market, as per the directive from NERC.

The transfer of oversight is part of a broader initiative that has seen similar regulatory changes in several other states.

In 2024, NERC transferred the regulatory responsibilities to state-level bodies in Lagos, Ekiti, Ondo, and Ogun States.

Additionally, in March 2025, NERC transferred oversight of the electricity market to the Niger State Electricity Regulatory Commission (NSERC) and Kogi State Electricity Regulatory Commission (KSERC).

This decentralisation of the electricity market allows for more localised regulation, enabling quicker responses to issues affecting electricity generation, distribution, and supply within individual states.

With the amended Constitution and the Electricity Act 2023, states now have the authority to generate, transmit, and distribute electricity within their territories, establishing state regulatory commissions for local oversight.

Related Topics:Electricity regulation JEDC NERC

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LPPC Bars Ozekhome from Using SAN Title Amid Ongoing Ethics Review

Published

16 minutes ago

June 25, 2026

Preport

BY SUNDAY SAMUEL The Legal Practitioners’ Privileges Committee (LPPC) has directed prominent lawyer Mike Ozekhome to stop using the title of Senior Advocate of Nigeria (SAN) pending the conclusion of disciplinary proceedings against him.

The decision was made in line with Paragraph 26(6) of the guidelines governing the award and regulation of the SAN rank. The measure will remain in force until the committee reaches a final decision on matters currently before its Disciplinary and Ethics Sub-Committee, as well as other related proceedings.

According to the LPPC, the action is intended to protect the honour, reputation and standing of the prestigious SAN designation while the issues under consideration are thoroughly examined.

As a result, Ozekhome is prohibited from portraying or identifying himself as a Senior Advocate of Nigeria until the disciplinary process is concluded.

The committee reaffirmed its dedication to promoting professionalism, ethical conduct and accountability within the legal profession, stressing the need to preserve public trust in the SAN institution.

Ozekhome was elevated to the rank of Senior Advocate of Nigeria in 2010, joining a group of 19 distinguished legal practitioners admitted to the Inner Bar that year.

The post LPPC Bars Ozekhome from Using SAN Title Amid Ongoing Ethics Review appeared first on Business Today NG.

News

Europe is pushing back on Washington’s chip war

Published

18 minutes ago

June 25, 2026

Preport

Dutch Trade Minister Sjoerd Sjoerdsma visited Washington this week to meet with Commerce Secretary Howard Lutnick and members of Congress to oppose the MATCH Act, a bill that would bar Chinese chipmakers from accessing Western semiconductor equipment, and one that would hit ASML especially hard.

ASML, based in the Netherlands, is Europe’s most valuable company and the only maker in the world of the sophisticated lithography machines that are used to make cutting-edge AI chips.

“It’s exceptional that I’m coming here to broadly outline our concerns to Congress,” Sjoerdsma told Bloomberg after the meetings. “The stakes for the Netherlands may be very high.”

China accounts for 19% of ASML’s net system sales. The MATCH Act would go further than existing controls, extending curbs to ASML’s deep ultraviolet immersion machines on top of the long-standing ban on its most advanced extreme ultraviolet, or EUV, tools reaching China.

As ASML CEO Christophe Fouquet told TechCrunch in May, what China can currently buy are older-generation deep ultraviolet tools — gear first shipped about a decade ago — the same machines the MATCH Act would now relegate off limits.

The bill, introduced in April, hasn’t yet faced a full House or Senate vote; Bloomberg notes it would likely need to be folded into a larger package to pass.