The Enugu State Electricity Regulatory Commission, on Tuesday, took over full regulatory oversight of the state’s electricity market from the Nigerian Electricity Regulatory Commission.
This significant step towards state-level empowerment in the electricity sector was made possible by the enactment of the Enugu State Electricity Law 2023 and the establishment of the EERC.
During the event, the Chairman of the EERC, Chijioke Okonkwo said the event was significant as it marks the beginning of the development of sub-national electricity markets not only in Nigeria or West Africa but across the African continent.
“Today completes the six-month transition for the transfer of regulatory authority from the national regulator, NERC, to the EERC, as stipulated in Section 230 of the Electricity Act 2023 and the consequential order of NERC dated 22nd April 2024.
“Today, we now take on the monumental responsibility of regulating and guiding the electricity sector in Enugu State. This assumption of regulatory oversight is not just about the transfer of authority but represents a shared vision for a more efficient, responsive, and innovative electricity market.
“NERC has laid a strong foundation, and we are confident that the EERC will build on that legacy to bring about positive changes for the people of Enugu State and beyond, in line with Enugu’s realities.
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“Our mission is clear: to ensure that Enugu has access to reliable, cost-effective, and sustainable electricity while promoting fairness and innovation in the sector.
“We are here to enhance the quality of life for all residents, businesses, and stakeholders by creating an efficient regulatory environment that fosters growth and transparency.”
The Chairman commended Governor Peter Mbah’s administration for its lack of political interference in the affairs of the Commission.
“I must say that we have enjoyed a tremendous level of independence from state government activities and our own role. We have been established and supported to take off.
“However, we have also been given the authority and independence to develop the regulations and policies that we have put in place, irrespective of how they impact the state government,” he said.
Speaking on behalf of Mainpower Electricity Distribution Ltd, board member Kester Enwereonu assured the people of the state of a better electricity experience in all aspects.
“We are not just identifying with the EERC as the pacesetter; Mainpower also aims to be a pacesetter. We assure you that in the coming weeks, months, and years, with the regulatory structure now tailored to the needs and purposes of the state, we will provide improved service to the people of Enugu State,” he said.
The Founder and MD/CEO of Fedikore Ltd, Dr. Chukwueloka Umeh, described the developments in Enugu as revolutionary, expressing Fedikore’s joy at partnering with the EERC.
He said: “The EERC has done a fantastic job in starting this revolution that is about to happen, and we are pleased to be a part of it.
“Fedikore was set up last year as the first independent power producer (IPP) in Enugu State. We built a 4 MW plant at 9th Mile to supply power to the Enugu State Water Corporation.
“So, we are very committed to working with the state, especially given the leadership provided by both the government and the EERC so far. We believe that with the support of the EERC, the state, and the partnership with Mainpower, we can achieve remarkable things here and finally start the industrial revolution we have been discussing for many years. It is possible.”
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