The Nigerian Electricity Regulatory Commission has officially endorsed the relocation of regulatory oversight of the electricity market in Kogi to the Kogi State Electricity Regulatory Commission.
This improvement preceded the compliance of the state government with the stipulations outlined in the amended Constitution of the Federal Republic of Nigeria and the Electricity Act 2023 (Amended).
In a statement on NERC’s official handle on X (formerly Twitter) on Wednesday, the commission highlighted the legal basis for this decision.
“In compliance with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023 (Amended), the Nigerian Electricity Regulatory Commission has issued an order to transfer regulatory oversight of the electricity market in Kogi State from the Commission to the Kogi State Electricity Regulatory Commission (KSERC),” it stated.
“The EA also mandates any state that intends to establish and regulate intrastate electricity markets to deliver a formal notification of its processes and request NERC to transfer regulatory authority over electricity operations in the state to the State Regulator,” the statement added.