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NERC Unbundles TCN, Establishes Nigerian Independent System Operator
The Nigerian Electricity Regulatory Commission (NERC) has unbundled the Transmission Company of Nigeria (TCN).
The commission made this known in a circular dated April 30, 2023, and jointly signed by its Chairman, Sanusi Garba, and Vice Chairman, Musiliu Oseni, respectively.
NERC said following the unbundling of the TCN, it has established the Nigerian Independent System Operator of Nigeria Limited (NISO). It noted that by this order, TCN is expected to transfer all market and system operation functions to the new company.
The commission had previously issued Transmission Service Provider (TSP) and System Operations (SO) licences to TCN, in accordance with the Electric Power Sector Reform Act.
However, the Electricity Act 2023, which came into effect on June 9, provided clearer guidelines for the incorporation and licensing of the independent system operator (ISO), as well as the transfer of assets and liabilities of TCN’s portion of the ISO.
Therefore, in the circular, the commission ordered the Bureau of Public Enterprises (BPE) to incorporate, unfailingly on May 31, a private company limited by shares under the Companies and Allied Matters Act (CAMA), 2020.
The company, NERC said, is expected “to carry out the market and system operation functions stipulated in the Electricity Act and the terms and conditions of the system operation licence issued to TCN.
It said: “The name of the company shall, subject to availability at Corporate Affairs Commission, be the Nigerian Independent System Operator of Nigeria Limited (NISO).
“Citing the object clause of the NISO’s memorandum of association (MOU) as provided in the Electricity Act, NERC said the company shall “hold and manage all assets and liabilities pertaining to market and system operation on behalf of market participants and consumer groups or such stakeholders as the Commission may specify.”
NERC said the new ISO will also be responsible for negotiating and entering into a contract for the procurement of ancillary services with independent power producers and successor generation licensees.
The Commission added that it will generally carry out market and system operations functions as specified under the Electricity Act and the terms of its licence in the interest of market participants and system users.
NERC said the company is expected to carry out all market and system operation-related contractual rights and obligations handed over by TCN.
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President Trump Signs Executive Order To End Birthright Citizenship
United States President, Donald Trump, has signed an executive order attempting to end birthright citizenship — a right guaranteed by the US Constitution and affirmed by the Supreme Court more than 125 years ago.
On Monday, Trump issued a blitz of executive actions to start reshaping federal immigration and border policy, many of which are expected to face significant legal challenges.
“As commander in chief, I have no higher responsibility than to defend our country from threats and invasions, and that is what I’m going to do,” Trump said in his inaugural address.
CBS News reports that the US government has long interpreted the US Constitution to mean that those born on American soil are citizens at birth, regardless of their parents’ immigration status.
The 14th Amendment to the Constitution says, “All persons born or naturalised in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside.”
But Trump directed federal agencies to stop issuing passports, citizenship certificates, and other documents to children born in the US to mothers who are in the country illegally and fathers who are not citizens or legal permanent residents, or to mothers who are temporary visa holders (and fathers who are not citizens or legal permanent residents).
Trump said his edict, which would not apply retroactively, should be enforced in 30 days. But just hours after it was issued, the American Civil Liberties Union and other advocacy groups filed a lawsuit challenging the action in federal court.
He also cited extraordinary presidential powers to effectively suspend US asylum law, accusing migrants of staging an “invasion” at the southern border and endangering public health.
He authorised officials to “repel, repatriate, or remove” migrants, suspending their “physical entry” into the US through his constitutional powers. The far-reaching order essentially allows the U.S. government to stop adhering to American asylum law until Mr. Trump issues a “finding that the invasion at the southern border has ceased.”
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You’ll Soon Learn Your Lessons – Prof Akinyemi Tells Kemi Badenoch
How the daughter of a professor of UNILAG, her father who was a medical doctor, a girl who went to the international school at UNILAG would make it sound like she was selling groundnut and selling water in Lagos to advance her political career.
Former Nigerian Minister of External Affairs, Prof Bolaji Akinyemi, says Britain’s Conservative party and Nigeria-raised Kemi Badenoch will soon learn her lessons that “you don’t throw your people and your culture under the bus”.
Prof Akinyemi, a former Director General of the Nigerian Institute of International Affairs (NIIA), said Badenoch was making a mistake denigrating Nigeria on the global stage to “advance her political career”.
The foremost Professor of Political Science, who was a guest on Channels Television’s Politics Today programme on Monday, said the UK Conservative party leader should leave Nigeria alone and focus on strengthening her party in Britain.
The octogenarian said, “How the daughter of a professor of UNILAG, her father who was a medical doctor, a girl who went to the international school at UNILAG would make it sound like she was selling groundnut and selling water in Lagos to advance her political career.
“She would soon learn that you don’t throw your people and your culture under the bus to advance your career. She is making a mistake but she would soon learn.
“After all, right now, there is even Right Wing political party in the United Kingdom that is even to the right of the Conservative Party. So, what she should be focusing on is how to regain that rightwing profile of the Conservative Party and leave Nigeria alone.”
Days earlier, presidential spokesman Daniel Bwala said Badenoch’s scathing comments about Nigeria are targeted at gaining acceptance from her party members.
In December 2024, Nigeria’s Vice President Kashim Shettima criticised Badenoch for disparaging Nigeria, saying that she is entitled to her own opinions and has every right to remove the Kemi from her name.
In 2022, Badenoch, a UK member of parliament of Nigerian descent and then UK Prime Minister hopeful, accused Nigerian politicians of using public funds for their private matters.
After her election as UK Conservative Party leader in November 2024, the Chairman of the Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa, said her office reached out to Badenoch but received no response.
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NATCOMS To Challenge NCC’s 50% Telecom Tariff Hike In Court
The National Association of Telecommunications Subscribers (NATCOMS) has announced plans to contest the Federal Government’s approval of a 50% tariff hike for telecom operators in court.
This decision, according to NATCOMS, was made without adequate consultation with key stakeholders, including subscribers.
Mr. Deolu Ogunbanjo, President of NATCOMS, expressed dissatisfaction with the tariff increase approved by the Nigerian Communications Commission (NCC) in an interview with NAN.
He described the decision as burdensome, particularly for small businesses and individual subscribers.
“This will affect everyone from the biggest industry to the smallest company, such as the Point of Service (POS) operators. It will increase operational costs,” Ogunbanjo stated.
He acknowledged the financial challenges facing the telecommunications sector but emphasized that a marginal increase of 5% to 10% would have been more acceptable.
“We painfully agreed that, look, a moderate or marginal five per cent to 10% increase will be fine. We do not mind an increase if it is to salvage the industry that is helping us, that means so much to us and that is also contributing double-digit to Nigeria’s Gross Domestic Product,” he added.
Alternative funding options
Ogunbanjo suggested that telecom operators explore alternative funding sources, such as Initial Public Offerings (IPO), to raise capital instead of imposing a 50% tariff increase on subscribers.
“The industry operators can opt for an Initial Public Offer (IPO) for Nigerians to buy shares in their companies as a way of raising funds.
However, a situation where a whole 50% is granted for tariff hike is not cheap and it is a no! no! from us subscribers,” he insisted.
Ogunbanjo confirmed that NATCOMS would challenge the decision in court, citing the financial strain the hike would impose on subscribers already grappling with economic challenges.
NCC defends the tariff adjustment
The Nigerian Communications Commission (NCC), in a statement signed by its Director of Public Affairs, Dr. Reuben Muoka, justified the 50% tariff adjustment as a necessary measure to address rising operational costs in the industry.
“The NCC has prioritised striking a balance between protecting telecoms consumers and ensuring the sustainability of the industry, including the thousands of indigenous vendors and suppliers who form a critical part of the telecommunications ecosystem,” the statement read.
The commission noted that while some operators had requested a 100% tariff increase, it approved a maximum adjustment of 50% after extensive consultations with stakeholders.
“The NCC recognises the financial pressures faced by Nigerian households and businesses and remains deeply empathetic to the impact of tariff adjustments. To this end, the commission has mandated that operators implement these adjustments transparently and in a manner that is fair to consumers,” the NCC stated.
Benefits of the adjustment
The NCC assured subscribers that the tariff increase would enable operators to invest in infrastructure and innovation, leading to improved service quality.
“These adjustments will support the ability of operators to continue investing in infrastructure and innovation, ultimately benefiting consumers through improved services and connectivity,” the commission added.
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