Edo State's electricity market oversight transferred to ESERC under amended Nigerian Constitution and Electricity Act 2023.

NERC transfers Edo State's electricity market oversight to ESERC under amended Nigerian Constitution and Electricity Act 2023. NERC retains inter-state/international oversight, while ESERC handles intrastate electricity markets. Benin Electricity Distribution Company must form a subsidiary, BEDC SubCo, to handle intrastate supply and distribution by February 2025, marking a step towards decentralized electricity regulation in Nigeria.

August 21, 2024
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