Nigeria transfers Ogun State's electricity market oversight to the state, under a 2023 act.

Nigeria's electricity regulator, NERC, has transferred the regulatory oversight of Ogun State's electricity market to the state's own regulator, OGERC. This move follows the Electricity Act of 2023 and requires neighboring distribution companies to create subsidiaries for intrastate supply, with all transfers due by June 23, 2025. Ogun State is now the eighth in Nigeria to gain this regulatory authority.

3 months ago
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