NERC transfers Oyo electricity market to OSERC

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 63 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 94%

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…

The Lagos State Traffic Management Authority has rescued two passengers who were trapped in a Vanagon bus on the Lagos Highway between Maryland and New Garage. LASTMA said in a statement on Tuesday that a Vanagon bus carrying vegetables collided with a containerised vehicle.

• Three top spending items overrun estimates, receive N140.6b in six months • 51% of N19.4b H1 budgetary allocations held back • Agricultural research, foreign missions get zero funding • Stakeholders fear regulatory crisis in oil sector, disregard for PIA • Concerns over idle oil blocks, fate of NNPCL • Nigeria loses $7.2 billion to…

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: thecableng - 🏆 2. / 80 Read more »