The Nation Newspaper NERC transfers regulatory oversight to Imo
The Nigerian Electricity Regulatory Commission has transferred regulatory oversight of the electricity market in Imo State to the Imo State Electricity Regulatory Commission .
Chairman and Commissioner, Legal, Licensing and Compliance, Barrister Dafe Akpeneye signed the order.The electricity market in the Federal Republic of Nigeria was previously centralised and the move to decentralisation was achieved when presidential assent was granted to the amendment of relevant portions of the Constitution of the Federal Republic of Nigeria on 17 March 2023.
Meanwhile, the commission noted that the order seeks to – Commence the process of the transfer of regulatory oversight for the intrastate electricity market in Imo State from the Commission to ISERC in accordance with the CFRN and the EA.
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