ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Energy

NERC Mandates Private Transmission Substations to Obtain Permits Within 45 Days

Victoria Emeto by Victoria Emeto
March 11, 2026
in Energy
0
NERC Mandates Private Transmission Substations to Obtain Permits Within 45 Days

The Nigerian Electricity Regulatory Commission (NERC) has ordered owners of private transmission substations connected to the national grid to secure an Independent Electricity Transmission Network Operator (IETNO) permit within 45 days.

Announcing the directive via its verified X handle on Wednesday, NERC said the order (NERC/2026/013), effective from March 9, 2026, is designed to improve oversight of privately owned substations supplying bulk electricity consumers.

The commission explained that the regulatory framework is intended to enhance grid reliability, operational visibility, and safety, particularly in light of frequent transmission line trips reported by the Nigerian Independent System Operator (NISO). Under the new rules, substation operators must:

Obtain the IETNO permit before connecting to the grid or commencing operations.

Submit monthly operational reports to NISO.

Comply with inspections and IoT-based metering systems to be deployed at interconnection points within 120 days.

“The overall goal of this Order is to enhance grid stability, strengthen regulatory oversight, and ensure compliance with the Grid Code in the Nigerian Electricity Supply Industry,” the statement said.

In a related directive, NERC also instructed all electricity distribution companies (DisCos) to reimburse ₦20.33 billion to customers for meters procured under the Meter Asset Provider (MAP) framework. The amended order, dated March 1, 2026, requires full recovery and disbursement of the amount within 12 months, beginning March 1.

The regulator emphasised that the reimbursement order aims to streamline the process, improve customer notifications, and boost public confidence in the power sector.

Tags: #ElectricityNigeria#GridCompliance#NERC#PowerSector
Previous Post

Airlines Set to Hike Ticket Prices Amid Sharp Rise in Aviation Fuel

Next Post

Signature Bank Strengthens Capital Base to N52 Billion, Surpasses CBN Minimum Requirement

Victoria Emeto

Victoria Emeto

Next Post
Signature Bank Strengthens Capital Base to N52 Billion, Surpasses CBN Minimum Requirement

Signature Bank Strengthens Capital Base to N52 Billion, Surpasses CBN Minimum Requirement

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Nigeria’s VAT Revenue Set for Growth as Consumption, Inflation Boost Spending — Quest Merchant Bank

Nigeria’s VAT Revenue Set for Growth as Consumption, Inflation Boost Spending — Quest Merchant Bank

April 21, 2026
GenCos Say Unpaid Electricity Invoices Hit N6tn, Reject NLC’s Extortion Claims

FGN Accelerates Power Infrastructure Projects in Ebonyi, Enugu Under Presidential Power Initiative

April 21, 2026
Five CBN MPC Members Back 50bps Rate Cut despite rates retention

Banks Park N4.1tn with CBN Despite System Liquidity Deficit

April 21, 2026
Discos Collect ₦553.63bn in Q1 2025 According to NERC

DisCos Remit N77.99bn in Q4 2025, Performance Drops to 91.19% — NERC

April 21, 2026
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Nigeria’s VAT Revenue Set for Growth as Consumption, Inflation Boost Spending — Quest Merchant Bank

Nigeria’s VAT Revenue Set for Growth as Consumption, Inflation Boost Spending — Quest Merchant Bank

April 21, 2026
GenCos Say Unpaid Electricity Invoices Hit N6tn, Reject NLC’s Extortion Claims

FGN Accelerates Power Infrastructure Projects in Ebonyi, Enugu Under Presidential Power Initiative

April 21, 2026
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!