The Nigerian Electricity Regulatory Commission (NERC) has successfully transferred the regulatory oversight of the electricity market to four states: Enugu, Ekiti, Ondo, and Imo. This move is part of the ongoing process that began on January 10, 2025, to decentralize electricity regulation in the country.
In a statement shared on its X handle, NERC confirmed that these states are now fully responsible for regulating their local electricity markets. The new structure has led to adjustments in the operations of the electricity distribution companies (Discos) in Enugu, Benin, and Ibadan.
Currently, there are 11 electricity distribution companies, including Abuja, Benin, Enugu, Eko, Ibadan, Ikeja, Kaduna, Kano, Jos, Port Harcourt, and Yola, along with the 12th, Aba Power Electric. NERC’s ongoing transfer process will extend to 10 additional states, with the six remaining states to incorporate their sub-companies as part of efforts to overhaul the electricity market.
The transfer of oversight follows the enactment of the 2023 Electricity Act, which has reshaped the operational landscape of Nigeria’s electricity supply industry, marking a significant shift from the previous system that had been in place since 2013.
