NERC devolves power to 11 states to regulate electricity
The Nigerian Electricity Regulatory Commission (NERC) has granted regulatory autonomy to 11 states, empowering them to oversee electricity markets within their jurisdictions in accordance with the Electricity Act (EA) 2023. The affected states, Kogi, Niger, Ekiti, Plateau, Oyo, Ogun, Enugu, Lagos, Imo, Ondo, and Edo, are now authorised to establish and operate independent electricity markets,…