As a Power State, Taking Charge of Electricity Market Regulation is Key to a Sustainable Future

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~~ Ahman Makams 

Handing over regulatory oversight for the electricity market to Niger State Electricity Regulatory Commission (NSERC) marks a significant step towards localized regulation of electricity markets within the state. This move aligns with the amended Constitution of the Federal Republic of Nigeria and the Electricity Act 2023, which empower states to regulate their electricity markets.

The transfer order issued by the Nigerian Electricity Regulatory Commission (NERC) outlines specific directives to the Abuja Electricity Distribution Company (AEDC) and the Ibadan Electricity Distribution Company (IBEDC) operating within Niger State. Both companies are required to establish subsidiaries, AEDC SubCo and IBEDC SubCo, respectively, to handle intrastate electricity supply and distribution in Niger State. These subsidiaries must apply for and obtain intrastate electricity supply and distribution licenses from NSERC.

The transfer process is set to be fully implemented by July 9, 2025, ensuring a seamless transition of regulatory oversight to NSERC. This move reflects Nigeria's broader effort to decentralize electricity regulation, improve efficiency, and enhance responsiveness in the management of state-level electricity markets.

Niger State stands to benefit significantly from this transfer of regulatory authority. By having a localized regulatory body overseeing the electricity market, the state can ensure more efficient operations and quicker responses to regional electricity needs. This decentralization of management allows for better regulation at the state level and can lead to improved services for residents and businesses in Niger State.

As a Power State, Niger State has the opportunity to leverage its resources and potential to become a leader in the electricity market. By effectively regulating and managing its electricity market through NSERC, the state can attract investment, create jobs, and stimulate economic growth. Additionally, the state can implement innovative initiatives to improve access to electricity, enhance energy efficiency, and promote renewable energy sources.

Overall, the transfer of regulatory oversight to NSERC presents numerous advantages for Niger State, positioning it as a Power State that can lead the way in the efficient and effective management of its electricity market. This move sets the stage for a more sustainable and prosperous future for Niger State and its residents.


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