NERC transfers regulatory oversight of electricity market in Ekiti, Ondo

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The nation’s electricity market was previously centralised until the presidential assent to the amendment of relevant portions of the Nigerian Constitution last year.

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Recall that the Commission had earlier on Monday directed the transfer of regulatory oversight of the electricity market in Enugu from the Commission to the Enugu State Electricity Regulatory Commission in an order marked NERC/2024/039. The nation’s electricity market was previously centralised. But the presidential assent to the amendment of relevant portions of the Nigerian Constitution in March last year granted legislative autonomy to federating states by empowering the sub-national governments to legislate on the generation, transmission and distribution of electricity within respective states.

NERC further explained that Ekiti and Ondo states have both complied with the conditions precedent in the laws, duly notified NERC and requested for the transfer of regulatory oversight of the intrastate electricity market in the states.

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مصر أحدث الأخبار, مصر عناوين