Electricity: FG announces transfer of regulatory oversight to 10 states

NERC approves 63.36MW captive power for breweries, universities, others

Federal Government has announced that it commenced the transfer of regulatory oversight of the electricity supply industry to 10 states on January 10.

The Nigerian Electricity Regulatory Commission, NERC, disclosed this in a statement posted on its official X account, yesterday.

According to NERC, the transfer of regulatory oversight has been completed for four states, including Enugu, Ekiti, Ondo, and Imo.

Meanwhile, for six states, namely Oyo, Edo, Kogi, Lagos, and Ogun, the transfer of oversight is in progress as of January 10.

“As of January 10, 2025, NERC has commenced the transfer of regulatory oversight to 10 states. Once the transfers are complete, the states will be in charge of regulating their electricity markets.

“The transfers have been completed for four states, namely Enugu, Ekiti, Ondo, and Imo, while six states are still in progress,” the commission stated.

This means that Enugu, Ekiti, Ondo and Imo states can completely regulate their electricity markets, including tariff fixing.

The development complies with the 2023 Electricity Act, which authorised the liberalisation of the country’s power sector.

Meanwhile, NERC has approved permits for captive power generation, totalling 63.36MW, for 11 applicants, including Nigerian Breweries and several universities.

Captive power allows these entities to generate electricity for their use, boosting energy independence.

Nigerian Breweries has been granted permission to produce up to 41MW for its facilities in Abia, Oyo, and Enugu states.

In addition, six Nigerian universities, such as the University of Abuja, University of Calabar, and Michael Okpara University of Agriculture.