The Nigerian Electricity Regulatory Commission has directed the transfer of regulatory oversight of the electricity market in Enugu from NERC to the Enugu State Electricity Regulatory commission in compliance with the electricity act 2023.The Nigerian Electricity Regulatory Commission has directed the transfer of regulatory oversight of the electricity market in Enugu from NERC to the Enugu State Electricity Regulatory commission in compliance with the electricity act 2023.
According to the order, Enugu government has initiated the implementation of the provisions of the amendment to the CFRN and the EA; is desirous of assuming regulatory oversight of the intrastate electricity market in Enugu State; has duly notified the Commission and requested for the transfer of regulatory oversight of the intrastate electricity market in Enugu State in compliance with the provisions of the EA.
“EEDC shall complete the incorporation of EEDC SubCo within 60 days from the effective date of this Order and, EEDC SubCo shall apply for and obtain a licence for the intrastate supply and distribution of electricity from EERC. “A transfer of regulatory oversight notification shall be issued by the Commission to the companies in the register whose activities are limited within Enugu State informing the entities of the transfer/assumption of regulatory oversight for their activities by EERC. All cross-border transactions involving the national grid shall be subject to the approval of the Commission in accordance with the CFRN and ΕΑ.
The crisis rocking Opu-Nembe community, in Nembe Local Council of Bayelsa state, is still far from over as the people of the community, yesterday, described, as unpatriotic and selfish, recent comments attributed to former Senator of Bayelsa East, Biobarakuma Degi-Eremienyo.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: DailyPostNGR - 🏆 11. / 59 Read more »