12 states Applied For Electrical Regulation Commission

Twelve of the thirty-six states have submitted applications to the federal government to establish their own state electricity regulatory commissions.

A source from a federal government agency claims that 24 states have not yet submitted their applications, including Abuja, the Federal Capital Territory.

As a result of the new energy Act, which President Bola Tinubu signed into law, enabling states, businesses, and individuals to produce, transfer, and distribute energy, the Nigerian Electricity Regulation Commission (NERC) is awaiting applications from other states.

Following the signing of the new energy Act by President Bola Tinubu, which gives states, businesses, and individuals the authority to produce, transfer, and distribute energy, the Nigerian Tribune learned that the Nigerian Electricity Regulation Commission (NERC) is awaiting applications from other states.

The new law gives states the constitutional right to pass legislation enabling them to produce, distribute, and transport power inside their borders—including areas that were previously exclusively under the purview of the national grid.

According to the source, the state's electrical regulation commission is intended to manage and control the business of regulating electricity and to grant licenses and regulations to individuals involved in the generation, transmission, and operation of electricity systems inside the state.

States would be permitted to grant licenses under the law to private investors who can run power plants and mini-grids, but these licenses wouldn't cover the transfer of electricity across state lines or globally.

The Nigerian Electricity Supply Industry (NESI) legislation are consolidated under the new electricity law, which also repeals the Electricity and Power Sector Reform Act of 2005.

The power bill was approved by the senate in July 2022 in order to address the issues facing the industry.