NERC gives 4 states control over electricity regulations

• The Nigerian Electricity Regulatory Commission has completed the transportation of regulatory oversight to 4 states
• States are present solely liable for managing their ain electrical markets, according to the energy marketplace regulator
• At the moment, determination are eleven DisCo: Yola, Jos, Port Harcourt, Benin, Enugu, Eko, Ibadan, Ikeja, Kaduna, Kano, and Abuja

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

The Nigerian Electricity Regulatory Commission has finalised the transfer of regulatory supervision to 4 states.

Imo, Ondo among beneficiaries arsenic NERC hands implicit regulatory supervision to 4 states. Photo Credit: NERC
Source: Getty Images

NERC announced connected its X account that the states affected were Imo, Ondo, Ekiti, and Enugu.

The energy marketplace regulator claims that states are present unsocial successful complaint of overseeing their energy markets.

Apart from the 12th one, Aba Power Electric, determination are presently 11 electrical organisation companies: Abuja, Benin, Enugu, Eko, Ibadan, Ikeja, Kaduna, Kano, Jos, Port Harcourt, and Yola.

In Enugu, Benin, and Ibadan Discos, the pre-existing marketplace arrangements person been modified pursuing the completion of the transportation of oversight successful 4 states.

It stated that arsenic of January 10, 2025, it had started to transportation regulatory oversight to 10 states.

The remaining six states privation to further change the operation of the powerfulness marketplace by incorporating their sub-companies successful 2025.

The committee stated,

“As of January 10, 2025, NERC has commenced the transportation of regulatory oversight to 10 states. Once the transfers are complete, the states volition beryllium liable for regulating their energy markets.“The 10 states are Enugu; Ekiti; Ondo; Imo; Oyo; Edo; Kogi; Lagos; Ogun; and Niger. The transfers person been completed for 4 states, namely Enugu, Ekiti, Ondo, and Imo, portion six states are inactive successful progress.”

Since 2013, the Nigerian Electricity Supply Industry has operated otherwise owed to the transfer, which follows the transition of the 2023 Electricity Act.

FG promises unchangeable power

Adebayo Adelabu, the Minister of Power, has guaranteed Nigerians a accordant and sustainable powerfulness proviso passim the nation.

He made this assertion erstwhile connected an inspection sojourn to the Niger Delta Power Holding Company's Calabar powerfulness works successful the authorities superior of Cross River State.

According to Adelabu, the national authorities is moving unneurotic to guarantee maturation successful the energy manufacture successful bid to warrant electrical stableness passim the country.

He said,

“There has been an summation successful vigor demands and the authorities is moving relentlessly with committedness to conscionable the demands.”

NERC fines energy organisation institution for overbilling

Legit.ng earlier reported that the Nigerian Electricity Regulatory Commission fined the Abuja Electricity Distribution Company (AEDC) N1.69 cardinal for overcharging customers.

According to NERC's statement, the good was imposed due to the fact that AEDC disregard the commission's anterior bid restricting projected billing for powerfulness users. The good was outlined successful the commission's authoritative "Order NERC/2024/114."

The good was included successful the September 2024 Supplementary Order of the commission, which could beryllium accessed from NERC's website. Dated August 30, the bid was signed by Vice Chairman Musiliu Oseni and the Commissioner of Legal, Licensing, and Compliance, Dafe Akpeneye.

Proofreading by James, Ojo Adakole, writer and transcript exertion astatine Legit.ng.

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