Enugu: FG’s NERC Set To Transfer Electricity Regulatory Powers To State’s EERC

Tomorrow, 22nd October 2024 marks the making of history in the Nigerian Electricity Supply Industry (NESI) in Enugu State as it marks the end of the transition period for the transfer of regulatory oversight from the Nigeria Electricity Regulatory Commission (NERC) to the Enugu State Electricity Regulatory Commission (EERC).

This historical event is a strong affirmation of the States’ constitutional right to develop the electricity sector in their States, across the value chain of generation, transmission, distribution, or retailing services, including Mini-Grid and Off-Grid electrification solutions.

As the foremost State to initiate and drive this process under the leadership of Dr. Peter N. Mbah, Enugu State has again emerged the first State to commence the development of a sub-national electricity market in Africa as EERC not only assumes regulatory oversight but will also issue licenses.

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A distribution license will be issued to the Distribution Company known as Mainpower Electricity Distribution Limited, incorporated to take over EEDC’s operations in the State.

The handover ceremony holds on Wednesday l, October 22, 2024 at EERC Headquarters, No. 2 Forrest Close, off Forrest Crescent, GRA, Enugu, at 10 am.

It’s a developing story.