Trading Licence

Trading Licence Application

A Trading Licence authorizes the purchase and resale of electricity.


 

Application Requirements

  1. Completed application form.
  2. Certificate of incorporation and company documents.
  3. Tax clearance certificate (3 years).
  4. Ten-year business plan.
  5. Financing agreements.
  6. Power Purchase Agreement (PPA).
  7. Network agreement.
  8. Retail or resale agreements.

 

Applicable Fees

  • Processing Fee: NGN 1,000,000
  • Licence Fee: US$150,000
  • Renewal Fee: NGN 500,000

 

Processing Timeline

  • Six (6) Months

 

Additional Provisions

Fees apply to applications for the assignment or ceding of a licence, transfer of undertaking, or change in shareholding of licenced entities in accordance with applicable regulations.

All outstanding debts, including operating fees owed to the Commission by a licensee, must be fully settled prior to the processing of such applications.

A non-refundable processing fee of NGN 1,000,000 shall apply to requests for assignment, transfer, or change in shareholding.

The Commission reserves the right to request additional information or documentation as may be required for the processing of any application for licences, permits, or authorisations.

The stated processing timeline shall commence from the date the Commission acknowledges receipt of a complete application and shall end on the date the Applicant is formally notified of the decision to approve or refuse the application.


 

Contact Information

Nigerian Electricity Regulatory Commission (NERC)
Plot 1387, Cadastral Zone A00, Central Business District, Abuja
Email: info@nerc.gov.ng

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