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2 clusters · 6 sources · 14 days · First seen · Last updated

Nigerian state electricity regulatory decentralization

Overview

Nigerian states are decentralizing electricity market oversight following the Electricity Act and constitutional reforms.

In Edo State, the Edo State Electricity Regulatory Commission (ESERC) assumed regulatory responsibility from the Nigerian Electricity Regulatory Commission (NERC) to allow for policies tailored to local economic needs. Officials noted that the state must still complete the delineation of assets, liabilities, and contracts to resolve market uncertainty.

Similarly, Akwa Ibom State has transferred regulatory oversight to the Akwa Ibom State Electricity Regulatory Commission (AKSERC). As part of this transition, Port Harcourt Electricity Distribution Plc (PHEDC) is required to incorporate a new subsidiary, PHEDC SubCo, to manage supply within the state. NERC has mandated that all transfers of assets and contracts be completed by February 17, 2027. AKSERC officials stated that while the state will eventually manage tariffs and consumer protection, existing billing and supply will remain unchanged during the transition period.

Entities

Nigerian Electricity Regulatory Commission · Arit Uya · Akwa Ibom State Electricity Regulatory Commission · Paul Usenbo · Edo State Electricity Regulatory Commission

Timeline

  1. 10 days ago

    [BUSINESS] 2 sources
    Edo State establishes new electricity regulatory commission

    Edo State has taken control of its intrastate electricity market by establishing the Edo State Electricity Regulatory Commission (ESERC), shifting oversight from the national regulator.

  2. 23 days ago

    [BUSINESS] 4 sources
    Akwa Ibom State takes control of local electricity regulation

    NERC has transferred electricity market oversight in Akwa Ibom State to the state regulator, AKSERC. The transition, to be completed by February 2027, will not immediately change tariffs or providers.

Sources

blueprint.ng · businessday.ng · championnews.com.ng · persecondnews.com · premiumtimesng.com · primanews.org