JUST IN: FG transfers regulatory oversight of Enugu electricity market to state govt

The Nigerian Electricity Regulatory Commission (NERC) has announced the transfer of regulatory oversight of the Enugu electricity market to the Enugu Electricity Regulatory Commission (EERC), effective from May 1, 2024. 

The move marks the first-ever transfer of regulatory powers from NERC to a state government electricity regulator.

The disclosure was made through a memo issued by NERC and signed by its Chairman, Sanusi Garba, and Commissioner Legal, Licensing, and Compliance, Dafe Akpeneye, on April 22, 2024.

The decision to cede regulatory authority to the EERC may be seen as a response to the recent amendment of the constitution, which removed the power sector from the exclusive legislative list, thereby allowing for the decentralization of power generation, transmission, and distribution to federating units. 

The Enugu Electricity Regulatory Commission (EERC), which the Enugu State Government owns, will now assume responsibility for overseeing the electricity market in Enugu State. 

The transfer of authority is expected to lead to more tailored and effective regulation that addresses the specific needs and challenges of the Enugu electricity market.

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