The Kogi State Electricity Regulatory Commission (KSERC) has formally taken over oversight of the electricity market in the state in line with the provisions of the Electricity Act (EA) 2023.
The EA empowers the Nigerian Electricity Regulatory Commission (NERC) to transfer oversight of the electricity market to states that apply for such and duly meet the requirements.
Speaking during a meeting in Abuja on Wednesday, Sanusi Garba, NERC Chairman assured that NERC will keep an open door to assist KSERC in their information need to support their seamless operation.
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So far, NERC has issued orders of transfer of oversight of the electricity market to 10 states, including Lagos, Enugu, Ondo, Ekiti, Kogi, Oyo, Imo, Edo, Niger and Ogun State, noting that while some have fully taken charge, the others have up till July 2025 to fully take over the oversight in their respective states.
The Commission in a recent announcement confirmed the readiness of four states, 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.
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As provided in the Electricity Act 2023, which was signed by President Bola Ahmed Tinubu in February 2024, state governments and individuals have been empowered to participate in electricity generation, transmission, and distribution.
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