• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, October 26, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NERC Grants Regulatory Oversight To Niger Electricity Commission

by Nse Anthony - Uko
10 months ago
in Business
Nerc
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian Electricity Regulatory Commission (NERC) has issued an order to transfer regulatory oversight of the electricity market in Niger State from the Commission to the Niger State Electricity Regulatory Commission (NSERC)

Advertisement

This was in continuation with the electricity market liberalisation policy of the federal government.

NERC made this known in a post on its verified X (formerly Twitter) handle on Friday.

Advertisement

Niger is the ninth state to begin the implementation of the Electricity Act 2023, signed 18 months ago by President Bola Tinubu.

This was in compliance with the Constitution of the Federal Republic of Nigeria and the Electricity Act 2023 as Amended.

The Commission, however, in accordance with the provisions of the EA 2023, retains the role as a central regulator with regulatory oversight on the inter-state/international generation, transmission, supply, trading and system operations.

RELATED NEWS

Coca-Cola Ties $393m Loss To Chi Limited’s Sale

Customs Generate N350bn At Ports Terminal, Intercepts N200m Unregistered Drugs

Verve, Google Play, Others Join Forces For VerveLife 8.0.

Global Significance Of China-Inspired Eight Rules And Lessons

The EA also mandates any state that intends to establish and regulate intrastate electricity markets to deliver a formal notification of its processes and requests NERC to transfer regulatory authority over electricity operations in the State to the State Regulator.

Based on this, the Government of Niger State complied with the conditions precedent in the laws, duly notified NERC and requested for the transfer of regulatory oversight of the intrastate electricity market in Niger State.

Following the request, NERC directed the Abuja Electricity Distribution Plc (AEDC) to incorporate a subsidiary (AEDC SubCo) to assume responsibilities for intrastate supply and distribution of electricity in Niger State from AEDC.

The Commission said AEDC shall complete the incorporation of AEDC SubCo within 60 days from 10th January 2024, and the sub company shall apply for and obtain licence for the intrastate supply and distribution of electricity from NSERC, among other directives.

It also directed Ibadan Electricity Distribution Company Plc (IBEDC) to incorporate a subsidiary (IBEDC SubCo) to assume responsibilities for intrastate supply and distribution of electricity in Niger State from IBEDC.

NERC said IBEDC shall complete the incorporation of IBEDC SubCo within 60 days from 10th January 2024. The sub company shall apply for and obtain licence for the intrastate supply and distribution of electricity from NSERC, among other directives.

It directed that all transfers envisaged by the order to be completed by July 9, 2025.

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShareTweetShare

OTHER NEWS UPDATES

Coca-Cola System Promotes Sustainable Ecosystems, Ocean Preservation
Business

Coca-Cola Ties $393m Loss To Chi Limited’s Sale

2 hours ago
Customs Collect N215billion On B’Odogwu Platform  In August
Business

Customs Generate N350bn At Ports Terminal, Intercepts N200m Unregistered Drugs

2 hours ago
Verve, Google Play, Others Join Forces For VerveLife 8.0.
Business

Verve, Google Play, Others Join Forces For VerveLife 8.0.

2 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

I Dedicate My Nigeria-France Sports Award To Governor Oborevwori, Says Onoriode

55 seconds ago

National Assembly Committee Approves 1 New State For Each Geo-political Zone

36 minutes ago

Barcelona Legends Triumph Over African Legends In Thrilling Exhibition Match

1 hour ago

Kwara United Get Triple Boost For Rangers Clash

1 hour ago

CG Customs Adeniyi Elected President Of Nigeria Wrestling Federation, Promises Robust Dev’t

1 hour ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.