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Ogun electricity regulator seeks NERC support ahead of market takeover

Ogun electricity regulator seeks NERC support ahead of market takeover
Ogun electricity regulator seeks NERC support ahead of market takeover

The Ogun State Electricity Regulatory Commission (OGSERC) has sought technical and institutional support from the Nigerian Electricity Regulatory Commission (NERC) ahead of assuming full regulatory oversight of the electricity market in the state.

The request was made during a courtesy visit by an OGSERC delegation, led by its Chairman-Designate, Jide Onakoya, to NERC, according to a statement posted on the commission’s official X account.

The delegation was received by NERC Chairman, Musiliu Oseni, with discussions focusing on capacity development, institutional support and the exchange of regulatory expertise.

The two commissions also explored areas of cooperation in tariff setting, consumer protection, market regulation and the development of regulatory frameworks for effective oversight of the Ogun electricity market.

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The engagement is part of efforts to strengthen OGSERC’s technical and institutional capacity as it prepares to assume regulatory responsibilities following the decentralisation of electricity regulation under the Electricity Act 2023.

Both commissions reaffirmed their commitment to sharing regulatory experience and best practices to support an efficient, reliable and competitive electricity market in Ogun State.

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