NERC transfers regulatory functions to additional five states

The Nigerian Electricity Regulatory Commission (NERC) has granted authorisation to six additional states—Enugu, Ekiti, Ondo, Imo, and Oyo—to regulate their electricity markets.

This move allows these states to set up their own electricity regulatory agencies, which will oversee the electricity market within their jurisdictions.

This development follows NERC’s recent transfer of regulatory functions to the Edo State Electricity Regulatory Commission (ESERC), aligning with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023 (Amended).

Under the amended law, NERC maintains its role as the central regulator for interstate and international electricity generation, transmission, supply, trading, and system operations.

However, the Electricity Act 2023 also allows states to regulate intrastate electricity markets.

States that wish to take on this role must formally notify NERC of their processes and request the transfer of regulatory authority over electricity operations to their respective state regulators.

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