Nigeria: NERC Transfers Electricity Market Oversight to Akwa Ibom Regulatory Commission

Nigeria: NERC Transfers Electricity Market Oversight to Akwa Ibom Regulatory Commission

"It is a good day for Akwa Ibom because the reforms are beginning to yield results," said the state's commissioner for information.

NERC transfers electricity market oversight to Akwa Ibom regulatory commission

“It is a good day for Akwa Ibom because the reforms are beginning to yield results,” said the state’s commissioner for information. The post NERC transfers electricity market oversight to Akwa Ibom regulatory commission appeared first on Premium Times Nigeria.

NERC transfers Akwa Ibom power sector oversight to state regulator

NERC has transferred regulatory oversight of Akwa Ibom’s electricity market to the state regulator, decentralizing Nigeria’s power sector. Learn more about Read More: https://punchng.com/nerc-transfers-akwa-ibom-power-sector-oversight-to-state-regulator/

NERC Gives PHED 60-Days To Incorporate PHED SubCo To Oversee Interstate Power Supply As AKSERC Assumes Electricity Oversight

The Nigeria Electricity Regulatory Commission has effected transfer of regulatory oversight of the electricity market in Akwa Ibom State from the Commission to the Akwa Ibom State Electricity Regulatory Commission (AKSERC).   Consequently, it ordered the Port Harcourt Electricity Distribution Company to incorporate a subsidiary (PHED SubCo) for the assumption of responsibilities for intrastate […]

NERC Transfers Akwa Ibom Power Sector Control to State Regulator, Directs PHEDC Transition

By Joycelyn Ellakeche Adah The Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory oversight of the electricity market in Akwa Ibom State to the Akwa Ibom State Electricity Regulatory Commission (AKSERC) in line with the amended 1999 Constitution and the Electricity Act 2023. Under the provisions of the amended Electricity Act, Akwa Ibom State has officially taken charge of its local power sector with the establishment o…

NERC Transfers Regulatory Oversight of Akwa Ibom Electricity Market to AKSERC

The Nigerian Electricity Regulatory Commission (NERC) has issued an order transfering regulatory oversight of the electricity market in Akwa Ibom State from the Commission to the Akwa Ibom State Electricity Regulatory Commission (AKSERC). In a statement issued Wednesday, NERC said the move was in compliance with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023 (Amended). Recall that with the EA 2023…