Waves and Watts

Your go-to digital space for regular updates, articles, and information related to Maritime Law and Power sector in Nigeria.

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What factors influence the cost of electricity in Nigeria?

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Today, we honor the amazing women making waves in the maritime industry. Let's mobilize networks for #GenderEquality and empower women to navigate new horizons. Together, we create a sea of change!

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Today, we share some tidbits on Maritime Law of Salvage and the basic elements required for the claim of a reward from a salvage operation. We hope you find this helpful and will be motivated to deep-dive into the subject.
#salvage
#MaritimeLaw

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Today's carousel highlights the players in the value chain of the Nigerian Electricity Supply Industry

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Happy Workers Day to all the hardworking individuals who ensure our energy needs are met and our waters are navigable.
#WorkersDay #PowerIndustry #MaritimeIndustry #WavesandWatts

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The flag state, which is the state whose flag the ship is entitled to fly, is crucial in International Maritime and Admiralty Law.

In this brief carousel, we discuss the concept of Nationality of Ships and also the eligibility of registration of vessels under Nigeria's Laws.

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Assigning a ship or vessel to a specific national legal framework or jurisdiction is known as determining its nationality. This is done by registering or licensing the ship under the laws of a particular state.

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Are you enthusiastic about the Nigerian Electricity Supply Industry? We have curated a list of Regulations to keep your interest sustained. We would appreciate a mention of other relevant laws in the sector.

#Power
#NESI
#WavesAndWatts

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The New framework provides for an amortisation period of 120 months as against the earlier 36 Months and such reimbursement shall be done through energy credits computed based on the prevailing tariff at the time of vending(electricity purchase).

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Regulatory Update:
Effective April 2023, the Nigerian Electricity Regulatory Commission has provided a new mechanism for the reimbursement of the cost of meters procured by customers under the Meter Asset Provider framework.

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As the voyage into the Maritime Space begins, we have curated a list of some Maritime Legislations applicable in Nigeria.
#Maritime #applicableLaws #WavesandWatts

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