NERC transfers Oyo electricity market to OSERC

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NERC News

OSERC,Oyo State

NERC has transferred the electricity market in Oyo State to the Oyo State Electricity Regulatory Commission (OSERC).

Students want 'Banker to the Poor', Muhammad Yunus, as Bangladesh new leaderThe Nigerian Electricity Regulatory Commission has transferred the electricity market in Oyo State to the Oyo State Electricity Regulatory Commission . NERC issued the order to transfer regulatory oversight of the electricity market in Oyo from the commission to OSERC in a statement on its website.

According to the statement, the transfer is in compliance with the amended Constitution of the Federal Republic of Nigeria and the Electricity Act 2023 . “Such states should also request NERC to transfer regulatory authority over electricity operations to the state regulator. The Nigerian Electricity Regulatory Commission has transferred the electricity market in Oyo State to the Oyo State Electricity Regulatory Commission . NERC issued the order to transfer regulatory oversight of the electricity market in Oyo from the commission to OSERC in a statement on its website. According to the statement, the transfer is in…

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NERC transfers regulatory oversight of Oyo electricity market to state governmentNERC has issued an order transferring regulatory oversight of the electricity market in Oyo to the state’s electricity regulatory commission.
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