Enugu State Government says it plans to transition from an energy poor state to a commercially viable electricity market generating over 690 megawatts of electricity and at least 20 hours of power supply per day by 2030. The ambitious target forms part of the state government’s broader economic vision to grow the state’s economy from $4.4 billion to $30 billion, driven largely by reliable electricity infrastructure and private sector investment.
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NERC Cedes Regulatory Oversight of Enugu Electricity Market to State Government
The Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of the Enugu electricity market to the Enugu State Electricity Regulatory Commission (EERC). This landmark transfer marks a significant step in Nigeria’s electricity sector decentralisation, empowering Enugu State to independently regulate, license, and develop its electricity market for the benefit of all residents.
Governor Peter Mbah Signs Enugu Electricity Bill Into Law
In a landmark move aimed at boosting economic growth and ensuring stable power supply, the Governor of Enugu State, Dr. Peter Mbah, has signed the Enugu State Electricity Bill into law. The signing ceremony took place at the Government House Enugu and was hailed as a crucial step towards creating a robust and independent electricity market in the state. The new law establishes the Enugu State Electricity Regulatory Commission (EERC) as the independent regulatory authority overseeing electricity operations across Enugu State.
EERC Chairman and Commissioners met with the Honourable Attorney General of Enugu State
In a historic move, the Nigerian Electricity Regulatory Commission (NERC) recently gave fillip to the long agitation for the decentralisation of the power sector. From last Wednesday, the regulatory oversight of the Enugu electricity market has been transferred to the state government vide the Enugu State Electricity Regulatory Commission (EERC). The EERC Chairman and Commissioners met with the Honourable Attorney General (AG) of Enugu State on 12th September 2024 for a pivotal advocacy session. The discussions focused on ensuring a more holistic legal framework that safeguards investments and promotes a stable energy market.
