- On August 27, the Nigerian Electricity Regulatory Commission (NERC) transferred regulatory authority to six statesEnugu, Ekiti, Ondo, Imo, Oyo, and Edo
- These states have established their own electricity regulatory agencies to oversee and manage their local markets
- NERC explains that the change allows for localised control over electricity regulation within these regions
NERC mentions 6 new states with autonomy on electricity. Photo credit: UNDP and KcKate16Source: Getty ImagesThe following 6 States are now authorised to regulate electricity markets after the transfer of regulatory authority from the NERC: Enugu, Ekiti, Ondo, Imo, Oyo, Edo. They have set up electricity regulatory agencies and will be regulating the electricity market in their respective States.Established in 2005 to regulate Nigeria’s electricityNERC announces new rate for electricity tariff
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