INTRODUCTION
In taking a significant step towards the development of the Nigeria’s power sector, the Nigerian Electricity Regulatory nCommission (“NERC”) by an order ncited as the Order on the Establishment of the Independent System Operator [Order No: NERCC/2024/45] (“Order”) announced the unbundling of the Transmission Company of Nigeria (“TCN”) and the establishment of a new entity, the Nigerian Independent System Operator of Nigeria Limited (“NISO”). This move is set to reshape the management of the electricity transmission sub-sector in the country.