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FG to seek compensation for Nigerians forced to abandon businesses in South Africa    Power outages, poor internet top obstacles facing Nigerian creatives    Enugu's annual inflation rate up at 20.4%, from 17.0% in April 2026.    Forex    US Dollar/Naira: N1,300    British Pounds/Naira: N2,151      Euro/Naira: N1,816

Thursday, 25 June 2026

Feeding Solar Into National Grid? Expect your credit in return : Why NERC Billing Regulation Could Transform the Energy Landscape

 For decades, Nigeria's electricity sector has been defined by shortages, unreliable supply, rising energy costs, and an overdependence on self-generated power. Businesses across the country have spent billions of naira annually on diesel and petrol generators just to keep their operations running. Against this backdrop, the Nigerian Electricity Regulatory Commission's (NERC) Net Billing Regulations 2026 represent one of the most significant energy reforms in recent years.

Effective June 3, 2026, the new regulations grant commercial and industrial electricity consumers the right to feed excess solar-generated electricity into the national grid and receive credits in return. In essence, businesses that generate more power than they consume can now become suppliers to the grid rather than allowing surplus electricity to go to waste.

This policy marks a major shift in how electricity is produced and consumed in Nigeria. Traditionally, electricity has flowed in one direction—from power generation companies through transmission and distribution networks to end-users. The new framework introduces a more modern, two-way system where consumers can also become producers.

The implications are enormous.

First, the regulations create a powerful incentive for investment in solar energy. Many businesses that were previously hesitant to install large-scale solar systems due to concerns about excess generation now have an opportunity to recover part of their investment through energy credits. This could significantly improve the economics of solar projects and accelerate adoption across manufacturing plants, shopping malls, office complexes, educational institutions, and industrial clusters.

Second, the policy could reduce pressure on Nigeria's overstretched national grid. Every kilowatt of solar power generated and consumed locally reduces demand on conventional power sources. During peak daylight hours, distributed solar generation can help stabilize supply and improve overall grid efficiency.

Third, the move supports Nigeria's transition toward cleaner energy. As the world increasingly shifts away from fossil fuels, Nigeria must position itself to benefit from renewable energy technologies. Expanding solar adoption will reduce dependence on diesel generators, lower carbon emissions, and contribute to environmental sustainability goals.

The manufacturing sector stands to benefit particularly well. Nigerian manufacturers are already grappling with high operating costs driven by inflation, energy expenses, foreign exchange volatility, and logistics challenges. By generating and monetizing solar power, companies can lower electricity costs while creating an additional source of value from their energy investments.

However, the success of the policy will depend on effective implementation. Distribution companies must develop transparent metering systems capable of accurately measuring electricity exported to the grid. Billing mechanisms must be clear and reliable to build confidence among participating businesses. Regulatory oversight will also be critical to ensure fairness and prevent disputes between consumers and electricity providers.

Financing remains another challenge. While solar technology costs have fallen globally, the initial capital required for large-scale installations can still be substantial. Government-backed financing schemes, tax incentives, and partnerships with financial institutions could help unlock wider participation.

 

The Net Billing Regulations 2026 demonstrate that Nigeria is beginning to embrace the energy models that have transformed electricity markets around the world. Countries that successfully integrated distributed renewable energy have witnessed increased investment, improved energy security, and greater resilience in their power systems.

For Nigeria, this reform is more than an electricity policy; it is an economic opportunity. It empowers businesses to become active participants in energy generation, encourages private-sector investment, and lays the foundation for a more sustainable and reliable electricity future.

If properly implemented, the ability to sell excess solar power back to the grid may become a turning point in Nigeria's long quest for energy stability transforming consumers into producers and turning sunshine into economic growth.

The Net Billing Regulations 2026 deserve broad support from government, industry, financiers, and energy stakeholders. With proper execution, the policy could become one of the most impactful reforms in Nigeria's electricity sector since the passage of the Electricity Act 2023.

 

Monday, 22 June 2026

Seven Prime Ministers in a Decade: Has Brexit Made Britain Ungovernable?

 


For centuries, the United Kingdom was regarded as one of the world's most stable country politically , a nation whose political institutions were admired for their continuity, predictability, and resilience. Yet, in the decade since the Brexit referendum shook the country's political foundations, Britain has cycled through seven prime ministers, raising uncomfortable questions about the stability of governance in one of the world's oldest parliamentary systems.

From the resignation of David Cameron in 2016 to the turbulent tenures that followed, Britain's political landscape has experienced a level of volatility rarely seen in modern times. The rapid succession of leaders has left many observers wondering whether Brexit merely exposed existing weaknesses or fundamentally altered the country's political equilibrium.

The chain reaction began when Cameron stepped down after losing the referendum on Britain's membership of the European Union. His successor, Theresa May, struggled to secure parliamentary approval for her Brexit deal and eventually resigned. She was followed by Boris Johnson, whose government delivered Brexit but later collapsed amid scandals and internal party rebellions.

The turbulence intensified when Liz Truss lasted just weeks in office after a controversial economic programme triggered financial market panic. Rishi Sunak then inherited a deeply divided nation and a struggling economy before eventually losing power. The arrival of Keir Starmer has brought a measure of stability, but the scars of the past decade remain visible.

Brexit itself is not solely responsible for the political churn. However, it has become the defining issue around which multiple crises converged. The referendum split political parties, regions, generations, and even families. It transformed internal party disagreements into existential battles over Britain's future identity. Prime ministers were no longer simply governing; they were navigating a national debate over sovereignty, immigration, trade, and Britain's place in the world.

Economic pressures have compounded these political challenges. Britain has faced sluggish growth, high inflation, energy shocks, labour shortages, and the lingering effects of the COVID-19 pandemic. Governments have repeatedly found themselves caught between voter expectations and economic realities, making leadership increasingly difficult.

Yet declaring Britain "ungovernable" would be an overstatement. Despite the frequent changes in leadership, democratic institutions have continued to function. Elections have been held, governments have transitioned peacefully, courts have remained independent, and public services have continued operating. Unlike many countries experiencing political instability, Britain has not faced constitutional breakdown or military intervention.

What Brexit appears to have done is expose the limits of a political system designed for gradual consensus rather than prolonged national division. The referendum settled the question of EU membership but failed to settle the broader question of what kind of country Britain wants to be in the twenty-first century. Are they becoming an object of mockery to the European Union they divorced from?. Observers can only conclude that European Union provides some level of stability to the leadership of its member countries, which is indeed a positive influence.   

The real test for Britain is not whether it can survive another change of prime minister. It is whether its political class can rebuild a shared national vision capable of delivering economic growth, restoring public trust, and reducing the deep divisions that Brexit brought to the surface.

A decade after the referendum, the question may not be whether Britain is ungovernable. The more important question is whether its leaders have found a way to govern a country that remains profoundly divided over its future.