Allocation to states rises by 111%, says Minister of finance, Edun

EditorOctober 7, 2025October 7, 202503 mins

Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun said Monday that allocation to states have increased by over 111 per cent since the present administration came in. He said: “States are now awash with cash”, adding that the additional funds empower states to drive growth and service delivery at the sub-national…

NERC devolves power to 11 states to regulate electricity

EditorJuly 23, 202503 mins

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,…