NERC transfers electricity regulation to Edo

The Nigerian Electricity Regulatory Commission has transferred regulatory oversight of the electricity market in Edo State to the Edo State Electricity Regulatory Commission.

This decision was made in compliance with the amended Constitution of the Federal Republic of Nigeria and the Electricity Act 2023.

NERC disclosed this on its X handle on Wednesday.

According to the NERC, the Commission retains the role as a central regulator with regulatory oversight on the inter-state/international generation, transmission, supply, trading and system operations.

However, the Electricity Act 2023 mandates states that intend to establish and regulate intrastate electricity markets to notify NERC and request the transfer of regulatory authority.