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States are taking charge! Under the Electricity Act 2023, 15 states have transitioned to regulating their own electricity markets. Their State Electricity Regulators (SERs) are now responsible for driving local market growth, investments and ensuring robust customer protection.
Timeline of transitions:
Enugu — 22 Oct 2024
Ekiti — 22 Oct 2024
Ondo — 23 Oct 2024
Imo — 31 Dec 2024
Oyo — 5 Feb 2025
Edo — 20 Feb 2025
Kogi — 12 Mar 2025
Lagos — 4 June 2025
Ogun — 23 June 2025
Niger — 9 July 2025
Plateau — 12 Sep 2025
Abia — 24 Dec 2025
Nasarawa — 3 Feb 2026
Anambra — 1 Jan 2026
Bayelsa — 20 Feb 2026
Visit nerc.gov.ng to learn more about the NESI.
#NERC #ElectricityAct2023 #StateElectricityMarkets #EnergyReform #NESI PowerSector Nigeria ElectricityData SERs EnergyTransitionStates are taking charge! Under the Electricity Act 2023, 15 states have transitioned to regulating their own electricity markets. Their State Electricity Regulators (SERs) are now responsible for driving local market growth, investments and ensuring robust customer protection.
Timeline of transitions:
Enugu — 22 Oct 2024
Ekiti — 22 Oct 2024
Ondo — 23 Oct 2024
Imo — 31 Dec 2024
Oyo — 5 Feb 2025
Edo — 20 Feb 2025
Kogi — 12 Mar 2025
Lagos — 4 June 2025
Ogun — 23 June 2025
Niger — 9 July 2025
Plateau — 12 Sep 2025
Abia — 24 Dec 2025
Nasarawa — 3 Feb 2026
Anambra — 1 Jan 2026
Bayelsa — 20 Feb 2026
Visit nerc.gov.ng to learn more about the NESI.
#NERC #ElectricityAct2023 #StateElectricityMarkets #EnergyReform #NESI PowerSector Nigeria ElectricityData SERs EnergyTransition
