The Nigerian Electricity Regulatory Commission (NERC) has officially approved the transfer of electricity market regulation in Kogi State to the Kogi State Electricity Regulatory Commission (KSERC). This decision aligns with the recent amendments to the Constitution of Nigeria and the Electricity Act 2023 (Amended).
Key Details:
- Regulatory Transfer: NERC has issued an order transferring the regulatory oversight of Kogi State’s electricity market to KSERC. This move follows Kogi State’s compliance with legal requirements set out in the amended Constitution and the Electricity Act 2023.
- NERC’s Role: While NERC retains its role as the central regulator for inter-state and international electricity activities, the new legislation allows states to manage their intrastate electricity markets.
- Kogi’s Compliance: Kogi State met the conditions required for establishing a state regulatory commission and formally requested NERC to transfer oversight.
- Transfer Process:
- Incorporation of AEDC SubCo: The Abuja Electricity Distribution Company (AEDC) is required to establish a subsidiary, AEDC SubCo, for handling electricity supply and distribution within Kogi State.
- Licensing: AEDC SubCo must obtain a license for intrastate operations from KSERC.
- Deadline: The transfer process must be completed by March 12, 2025.
This approval marks a significant shift in the management of electricity regulation in Nigeria, granting more localized control to state authorities while maintaining NERC’s broader regulatory role.
News Editor 
Hyelsinta Hassan