The Nigerian Electricity Regulatory Commission (NERC) has granted regulatory authority to six additional states—Enugu, Ekiti, Ondo, Imo, and Oyo—allowing them to oversee their electricity markets independently.
In a statement released on Wednesday, NERC confirmed that these states have established their own electricity regulatory agencies and will now manage the electricity markets within their respective territories.
This move follows last week’s announcement by Channels Television that NERC had transferred regulatory functions to the Edo State Electricity Regulatory Commission (ESERC).
NERC emphasized that this decision aligns with the recently amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023.
Under the amended legislation, NERC retains its role as a central regulator with oversight responsibilities for inter-state and international generation, transmission, supply, trading, and system operations.
The Electricity Act 2023 also stipulates that any state intending to establish and regulate its intrastate electricity market must formally notify NERC of its processes and request the transfer of regulatory authority to the state’s regulatory agency.
