A new era for electricity in Nigeria began in 2023 with a landmark Electricity Act. This law opens up the entire industry, from power generation to transmission and distribution, for more competition. States now have the power to grant licenses for mini-grids and power plants within their borders, and there’s a push for more renewable energy sources.

This shift is already making waves. In April 2024, Enugu State took a major step towards regulating its own electricity market. The Nigerian Electricity Regulatory Commission (NERC) handed over control to the newly formed Enugu Electricity Regulatory Commission (EERC). This means the EERC has the power to set electricity prices within Enugu State, taking local needs into account.

Join us for a webinar on May 23rd, 2024! We’ll be speaking with Chijioke Okonkwo, the chairman of the EERC, about how this new landscape is unfolding and how the commission is shaping Enugu’s energy future.