…NERC says six states still in progress
The Nigerian Electricity Regulatory Commission (NERC) has confirmed the readiness of four state governments, including Enugu, Ekiti, Ondo and Imo to take over the generation, transmission and distribution of electricity in the state, as it conclude the transfer of regulatory oversight to the states.
Announcing the development via a post on X, the commission said that the transfer process was still ongoing for six states including Oyo, Edo, Kogi, Lagos, Ogun and Niger.
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“As at 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 commission stated.
The transfer of regulatory oversight by NERC is in compliance with the Electricity Act (EA) 2023, which empowers state governments, individuals to actively participate in electricity generation, transmission and distribution.
The EA also mandates any state that intends to establish and regulate intrastate electricity markets to deliver a formal notification of its processes and requests NERC to transfer regulatory authority over electricity operations in the state to the State Regulator.
According to NERC, state governments are expected to comply with the conditions precedent in the laws, duly notify the commission and request for the transfer of regulatory oversight of the intrastate electricity market in the state.
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With the EA 2023, the Commission retains its role as a central regulator with regulatory oversight on the inter-state/international generation, transmission, supply, trading and system operations.
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