The Nigerian Electricity Regulatory Commission (NERC) has completed the transfer of regulatory oversight to four States.
The states are Enugu, Ekiti, Ondo, and Imo that are now fully in charge of the regulation of their electricity markets.
NERC made this known in its X handle yesterday, noting it has begun the transfer of regulatory oversight to 10 States as at 10th January, 2025.
NERC said: “As of January 10, 2025, NERC has commenced the transfer of regulatory oversight to 10 states. Once the transfers are complete, the states will be in charge of regulating their electricity markets.
“The 10 states are: Enugu; Ekiti; Ondo; Imo; Oyo; Edo; Kogi; Lagos; Ogun; and Niger.
“The transfers have been completed for 4 states, namely Enugu, Ekiti, Ondo, and Imo, while 6 states are still in progress.”
The transfer, which is consequent upon the enactment of the 2023 Electricity Act (2023 EA) has altered the mode of operation that existed in the Nigerian Electricity Supply Industry (NESI) since 2013.
