Categories: Economy

Ogun seeks NERC backing ahead of full electricity market takeover

The Ogun State Electricity Regulatory Commission (OGSERC) has sought technical and institutional support from the Nigerian Electricity Regulatory Commission (NERC) as it prepares to assume full regulatory control of the state’s electricity market.

The move is aimed at strengthening the capacity of the state regulator to oversee electricity operations, improve consumer protection and establish an effective regulatory framework for the sector.

The development followed a courtesy visit by an OGSERC delegation, led by its Chairman-Designate, Engineer Jide Onakoya, to the NERC headquarters on Friday, November 13, 2026. The delegation was received by NERC Chairman, Dr Musiliu Oseni.

Discussions between the two commissions centred on capacity development, institutional support and the exchange of regulatory expertise to prepare OGSERC for its expanded responsibilities.

Key areas identified for technical assistance include tariff determination, consumer protection and electricity market regulation.

Both institutions also reaffirmed their commitment to sustained cooperation following the decentralisation of electricity regulation introduced under the Electricity Act 2023.

NERC said the collaboration would provide opportunities for knowledge sharing and the adoption of regulatory best practices to strengthen OGSERC’s operational capacity.

The commissions further expressed readiness to promote efficient regulatory oversight, protect electricity consumers and create an enabling environment for investment in Ogun State’s electricity market.

Ogun continues preparations to exercise full regulatory oversight of its intrastate electricity market, with expectations that a stronger state regulatory framework will support a more efficient, competitive and consumer-focused electricity sector.

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