Enugu State has become the first state in Nigeria and Africa to establish a sub-national electricity market. The Enugu State Electricity Regulatory Commission (EERC) has assumed full regulatory oversight of the state’s electricity sector from the Nigeria Electricity Regulatory Commission (NERC), marking a significant milestone in the country’s energy transition.
The EERC has issued licences to Mainpower Electricity Distribution Limited and Fedikore Limited. Mainpower will take over electricity operations in Enugu State, while Fedikore will build a 10MW power plant.
The developments followed the enactment of the Enugu State Electricity Law, 2023, and the setting up of the EERC, which saw Enugu State emerge in April this year as the first state to be handed regulatory power over its electricity market by NERC, but with a six-month transition period that elapsed on Tuesday, thus effectively empowering it to…
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