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Nairaland General › NERC Cedes Regulatory Oversight Of Enugu Electricity Market To State Government by chukwuoke(op): 8:15am On Apr 23, 2024

NERC cedes regulatory oversight of Enugu electricity market to state government by
Chike Olisah

The Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of the Enugu electricity market to the Enugu Electricity Regulatory Commission (EERC).

This transfer, effective from May 1, 2024, marks the first time NERC has delegated such authority to a state-owned regulatory body.

This strategic shift was detailed in a memo released by NERC, bearing signatures from its Chairman, Sanusi Garba, and Commissioner for Legal, Licensing, and Compliance, Dafe Akpeneye, dated April 22, 2024.

State regulation of Electricity.
These changes were set into motion in March 2023 when former President Muhammadu Buhari signed amendments to Nigeria’s constitution that removed power generation, transmission, and distribution from the exclusive legislative list, effectively ending the federal government’s sole jurisdiction over these areas.

Under the new legal framework established by the Electricity Act 2023, states now have the authority to manage and regulate their electricity markets.
The amended Paragraph 14(b) Part II of the Second Schedule to the 1999 Constitution empowers state governments to legislate on electricity provision within their territories.
According to NERC, the Enugu Electricity Regulatory Commission (EERC) now holds the exclusive authority to set and adopt end-user electricity tariffs within Enugu State, tailoring these charges to local conditions and requirements

While EERC manages local tariff methodologies, any electricity sourced from grid-connected plants and the related tariffs for generation and transmission services must still receive approval from the Nigerian Electricity Regulatory Commission (NERC), ensuring alignment with national energy policies.
Ultimately, the final tariffs approved by EERC for consumers in Enugu will be definitive for the state, with the Enugu State Government responsible for supporting and implementing tariff-related policies, ensuring that electricity pricing is both fair and attuned to the specific needs of the state’s residents.
The memo from NERC states, “This regulatory instrument may be cited as the Order of Transfer of Regulatory Oversight of the Electricity Market in Enugu State from NERC to the Enugu State Electricity Regulatory Commission (EERC). This Order shall take effect from May 1, 2024.”

What this means for EEDC

Under the new regulatory order, the Enugu Electricity Distribution Company PLC (EEDC) is mandated to establish a subsidiary, known as EEDC SubCo, under the Companies and Allied Matters Act.

This subsidiary will be responsible for the localized supply and distribution of electricity exclusively within Enugu State.
EEDC must finalize the incorporation of EEDC SubCo within 60 days from the order’s effective date, after which the subsidiary is required to secure a license from the Enugu Electricity Regulatory Commission (EERC) for its operations.
Additionally, EEDC is tasked with clearly defining the geographical boundaries of its network within Enugu State, ensuring that it operates independently of networks in neighboring states by installing boundary meters at all crossing points.
This move is aimed at establishing a self-contained and well-defined electricity distribution framework within the state, enhancing management and regulatory oversight.

What this means in general

The devolution of regulatory powers to states like Enugu represents a significant shift towards a more localized management of electricity services.

This means that states can now tailor their energy policies to better suit the specific needs of their residents, promoting more efficient and sustainable energy use within their jurisdictions.

Role of NERC Moving Forward: NERC will continue to play a pivotal role as the central regulator for inter-state and international electricity transactions, ensuring compliance with national standards and managing overarching issues that transcend state borders.

This includes the regulation of large-scale power generation plants, high voltage transmission networks, and the overall system operation of the national grid.
State Regulation Specifics: States will specifically regulate the generation, transmission, and distribution of electricity within their territories.

This includes licensing local power projects, managing state-owned power assets, and overseeing retail electricity distribution and pricing.
The states will also be responsible for promoting rural electrification projects and integrating renewable energy sources into their local grids.
NERC’s move to cede control to EERC signifies a significant shift in Nigeria’s approach to energy regulation, potentially serving as a model for other states in the federation.

Enhanced Market Participation

The recent shift in regulatory control from the Nigerian Electricity Regulatory Commission (NERC) to state-level entities represents a monumental change in the landscape of Nigeria’s electricity sector.

This transition, according to Odion Omonfoman, Chief Executive Officer of New Hampshire Capital Limited, heralds a new era of competition and localized management that could significantly enhance service delivery and foster economic growth.

With the new regulations, states are empowered to license new entities as distribution and supply licensees. Omonfoman anticipates that this will lead to an increase in market participants.

“This change is likely to spur a wave of local investments in state electricity markets, as investors seek opportunities within these newly regulated environments,” he stated. The implication is that with more players in the market, there will be greater innovation and investment, driving improvements in efficiency and service quality.
Regarding the effects on existing utilities, Omonfoman believes that while they will continue to hold significant market presence, they will need to adapt to maintain their competitive edge.

“State regulators will focus not on usurping business but on ensuring that these services are improved,” he noted. The objective is to push for better service delivery that surpasses current standards, which will benefit consumers by providing more reliable and potentially cost-effective electricity services.

Crime › Re: Boko Haram Bomb Experts Surrender To Military In Borno by chukwuoke(m): 3:29pm On Apr 22, 2024

Dapromzy333:
https://platinumtimes.ng/boko-haram-bomb-planters-surrender-to-joint-task-force-in-borno-photos/

Very soon this one go enroll into the military.

Food › Re: Why Is The Price Of Beer Cheaper In The North Compared To South (video) by chukwuoke(m): 3:27pm On Apr 22, 2024

LocalFARMERS:
I noticed that the price of Beer is extremely cheaper in the North compared to South. I used Benin and Kaduna as a case study. The difference between some Beers is between 300 to 400 naira

https://www.youtube.com/watch?v=6FcC_v4Kb44

So you don't know that everything is costlier in the south. Because is down here that the government(Federal) is making her profits.

1 Like

Health › Re: NAFDAC Bans Dex Luxury Bar Soap In Nigeria by chukwuoke(m): 6:49pm On Apr 16, 2024

HeatSeeker:
https://www.premiumtimesng.com/news/top-news/685948-nafdac-alerts-nigerians-to-banned-soap.html

Na una go banned later una no go ban again which kind official they do this job na?

Politics › Re: N500m ‘Largesse’: I Received ₦266M - Senator Abaribe by chukwuoke(m): 10:38pm On Mar 13, 2024

Na only these senators can cause uproar in this country and from there liberation canes.

Crime › Re: Police, Hunters Rescue 49 Kidnap Victims In Taraba by chukwuoke(m): 4:09pm On Feb 28, 2024

amoreobansu:
https://www.channelstv.com/2024/02/28/police-hunters-rescue-49-kidnap-victims-in-taraba/

Where are the pictures for evidence. Una no see army showcase their own when they go for rescue. Na so una go dey lie give us, or the victims say make una no snap them?

Politics › Re: NASS Members Salary Cannot Take Them Home - Hon. Benjamin Kalu by chukwuoke(m): 9:35am On Feb 27, 2024

MrSundry:
The salaries of members of the National Assembly is a far cry from what it is supposed to be... The amount that they are receiving cannot take them home to do their jobs in their various constituencies.

Hon. Benjamin Kalu, Deputy Speaker, House of Representatives

https://www.youtube.com/watch?v=r1SR3Z8by3Q

But it can take you guys to Europe banks. Una done start ooo. Na Buhari carry blame game come from start to finish yet he can't achieve a spoon.

6 Likes

Food › Re: See Wine I Bought For ₦5000 In Abuja by chukwuoke(m): 11:07am On Feb 26, 2024

jeromestarks:
This drink use to be ₦2500. But, at Abuja yesterday, I got it for ₦5k!
Omo, Nigeria is going places ooo.

Una they produce wine,na everything person go carry post here?

Politics › Re: "Nigeria Reaping The Benefits Of Reform" - Ministry Of Information by chukwuoke(m): 11:03am On Feb 26, 2024

Pogba12:
Courtesy: Federal Ministry of Information

No be to show us charts up and down make we see the benefits on us citizens.

Business › Re: FG Stops Export Of Cooking Gas To Reduce Price by chukwuoke(m): 3:34pm On Feb 22, 2024

politicoNG:
https://thenationonlineng.net/just-in-fg-stops-export-of-cooking-gas-to-reduce-price/amp/

When they are exporting weren't they inform before. You say Igbo's are in love of money this money syndrome is every were. The federal government can't think of her citizens of doing okay what they thing is the money that will come for the politicians to steal. Shame on this government very soon you all politicians destroying this country cup will fill.

Politics › Re: Give Tinubu More Time To Solve Challenges – Gowon by chukwuoke(m): 11:19pm On Feb 21, 2024

Ebinpiawazuu:
https://www.vanguardngr.com/2024/02/give-tinubu-more-time-to-solve-challenges-gowon/

This man done join the train oooo

Politics › Re: Edo: Kabaka-led Youths Besiege APC Secretariat, Back Idahosa by chukwuoke(m): 4:39pm On Feb 19, 2024

politicoNG:
https://punchng.com/breaking-edo-apc-youths-take-over-party-secretariat-over-gov-primary/?amp

You be the one to back same you go open lamentations book.

Foreign Affairs › Re: Israeli Special Forces Raid Nasser Hospital In Gaza by chukwuoke(m): 10:36am On Feb 16, 2024

Fineman2:

https://www.youtube.com/watch?v=S4kP_BvDUGg

https://amp.cnn.com/cnn/2024/02/15/middleeast/nasser-hospital-israeli-snipers-khan-younis-

They must see something.

Celebrities › Re: Ned Nwoko Surprises Wife Regina Daniels With Lexus Bulletproof SUV Val's Gift by chukwuoke(m): 10:37pm On Feb 14, 2024

thisweekng:

https://www.youtube.com/watch?v=uU7jxrhUHM8

Senator Ned Nwoko, known for his opulent lifestyle and high-profile relationships, spared no expense in marking this Valentine's Day with an extraordinary gift for his wife, Regina Daniels. The actress, who rose to fame through her roles in the Nigerian film industry, took to her Instagram page to share the news with her millions of followers. In a series of posts, she expressed her excitement and gratitude for the luxurious surprise.

The gift, a Lexus Bulletproof SUV, is not only a symbol of the couple's enduring love but also a testament to Nwoko's penchant for extravagance. The sleek and secure vehicle is equipped with top-of-the-line safety features, reflecting the senator's commitment to ensuring his wife's well-being.

Regina Daniels' Instagram feed was adorned with snapshots and videos showcasing the stunning vehicle, adorned with ribbons and a giant red bow, parked in front of their lavish residence. In one post, the actress can be seen embracing her husband with joy and gratitude, captioning the image with heartfelt words of appreciation.

Una vote this man for senate abi?
Make una dey watch ooo, constituency project money done start to work ooo. Naija.

Politics › Re: Bwala: President Tinubu Is Better Than UK Prime Minister, Rishi Sunak by chukwuoke(m): 12:03am On Feb 13, 2024

nairavsdollars:
Daniel Bwala, former spokesperson to Atiku Abubakar in the 2023 presidential election has said President Bola Tinubu is better than Rishi Sunak, the Prime Minister of the United Kingdom.

Bwala, who recently met Tinubu twice made the remark on Monday on his X page while responding to a user @Chinonxo.

He wrote

Is because thiefbunu is a criminal.

Celebrities › Re: Teni In Tears After Super Eagles Lost To Ivory Coast (Video) by chukwuoke(m): 12:40pm On Feb 12, 2024

DanArewaci:
😢 Teni cried uncontrollably the moment Super Eagle of Naija loss #Afcon trophy to Ivory Coast.

https://www.youtube.com/watch?v=za610orYXgM

She dey show us now make we do watin? Make she channel the cry for hard ship ooo.

Politics › Re: Nigeria Will Become Net Exporter Of Food, Says Tinubu by chukwuoke(m): 8:53am On Feb 12, 2024

Paraman:
https://punchng.com/nigeriall-become-net-exporter-of-food-says-tinubu/?amp

Mr president make we first see food eat and be able to save some money. Oga presudent

Politics › Re: Nigeria’s Food Cheapest In West Africa, Say Governors by chukwuoke(m): 9:37am On Feb 06, 2024

Islie:
https://thenationonlineng.net/nigerias-food-cheapest-in-west-africa-say-governors/

You guys always like comparing us with other country when it comes to hardship. You never compare on good leaving. Make una mind una self ooo

2 Likes

Politics › Re: President Tinubu Celebrates Super Eagles Victory Against Angola (Video) by chukwuoke(m): 8:33am On Feb 03, 2024

Gistmedia10:
In a jubilant display of national pride, President Tinubu celebrated alongside millions of Nigerians as the Super Eagles secured a triumphant victory against Angola in a riveting football match. The President, immersed in the live action, expressed sheer joy at the team's exceptional performance, applauding their skill and dedication on the field.

https://www.youtube.com/watch?v=RvN0sFiO9vw

Mr president see how food plenty for table as you enter go France the people you dey leadership are quashing in hunger seriously. This man!

Politics › Re: Customs Generated N3.21Trillion In 2023, Targets N5.08 Trillion In 2024 by chukwuoke(m): 7:29am On Feb 02, 2024

Tabithatim:
https://punchng.com/customs-generate-n3-21trn-in-2023-targets-n5-08-trn-in-2024/

At the expense of the masses. All what this body does is to generate but not thinking the impact and extortion they offer to the masses. Shame!

2 Likes

Politics › Re: JAMB under Oloyede made ₦‎50 Billion for FG in one year — Shettima by chukwuoke(m): 8:07am On Feb 01, 2024

AnonPoet:
https://punchng.com/jamb-under-oloyede-made-n50bn-for-fg-in-one-year-shettima/?amp

All what you people are thinking is how much they make. The way them take got it not una concern. Imagine a body control by federal government has increase fees for registration. How would the parents coup with the harsh economic crises? People are suffering in country.

Celebrities › Re: US-Based Artistes, Esquare Accuse Portable Of Assaulting & Stealing From Them by chukwuoke(m): 7:39pm On Jan 26, 2024

officialwdhtv:
American based artistes,
Esquare, have accused singer, Portable of "assaulting and stealing from them." They have now dragged Portable before the IGP and the American Embassy over an alleged breach of contract.

The Afro-Wahala singer was seen in a viral video recently having an altercation with the US-based singers over a music deal.

Oga portable am behind you if only you can lay the belt for a contest go defend the belt.
Take a listen!!!

#wetindeyhappentv

https://www.youtube.com/watch?v=4is7uoAAANA

Romance › Re: 'This Guy Tricked Me From Calabar To Umuahia, Slept With Me And Ran Away' – Lady by chukwuoke(m): 6:51pm On Jan 23, 2024

WebOracle:
I made a post on my Facebook about my accommodation issues in school and how I needed help with a new one.

This guy went to my DM and asked me to delete the post, that he’d help me.

Asked me to come to Umuahia from Calabar, I asked for tfare, he asked me to come first with mine, after all na me dey find help.

Woman shotup and rest your case. If ,say this person killed you, you for get mouth to say these trash. When una go ever get sense for this life ,make una learn work Babu,get sense no. Watin una want again for this life?
I traveled down two days later, got to Umuahia only for the guy to tell me to find a place to lodge and he’d join me later because he had to attend to an emergency.😳

I managed to lodge with what I had which was even a deposit and told the hotel receptionist that my host will balance up when he comes.

He came later in the night with “Nutri Milk and Bread”.😡

He coerced me into having $3x with him based on say I dey vulnerable to his help.😭

4am he took excuse to rush to go for another emergency.

Na so Orjiako Emmanuel Japa from the hotel and left me stranded o.🙆🏽‍♂️

Balance of hotel e nor pay.
Food e nor give me chop.
Transport e nor give.
Money for rent e promise e nor give

Blocked me everywhere and left me in more vulnerable and terrible state.😭😡

Nobody treats any human like that no matter what
You don’t ride on people’s desperation to make yourself feel good.

Orjiako Emmanuel is a terrible human and he should be famous by force!!!

Here is his number

He cannot block the whole world!”

Health › Re: Drama As Hospital Returns Patient To Husband’s Shop In Ibadan (pic) by chukwuoke(m): 6:37pm On Jan 19, 2024

2mercy:
https://tribuneonlineng.com/drama-as-hospital-returns-patient-to-husbands-shop-in-ibadan/

No human sympathy at all. Government has to demolish the hospital at once ooo. There is no human sympathy in any sense. Those who took such decisions are heartless and ruthless. It in this kind of hospital they sacrifice ones life in place of money. Please let all the necessary bodies swing into punishable action against this hospital and her staff.

1 Like

Politics › Re: Buhari Apologises For Hard Decisions During His Tenure At Adesina’s Book Launch by chukwuoke(m): 8:44pm On Jan 16, 2024

ijustdey:
https://leadership.ng/at-adesinas-book-unveiling-buhari-apologises-for-hard-decisions-during-his-tenure/

You are doing because you think before now every Nigerians would be dead. Bad heart man

Politics › Re: Ex-Minister Pantami’s Friend Donates ₦50M To Rescue 5 Sisters Kidnapped In Abuja by chukwuoke(m): 10:06pm On Jan 14, 2024

dre11:
https://thenationonlineng.net/breaking-ex-minister-pantamis-friend-donates-n50m-to-rescue-five-sisters-abducted-in-abuja/

Na lie this Pantani man you donate the money. Abi you done become person PA to your friend in information broadcasting?

Politics › Re: Nasara James Dabo With IQ In Top 1% Globally: Hailed By Shehu Sani by chukwuoke(m): 4:10pm On Jan 11, 2024

NLCreator:
Shehu Sani

Yea is what we need in this country not killings and hatred. God bless her dreams. Amen

1 Like 1 Share

Christianity Etc › Re: Why Are Nigerians So Religious But Corrupt? by chukwuoke(m): 3:48pm On Jan 11, 2024

Siberia01:
Almost everybody I know wakes up with different bible verses on their social media platforms. You see everybody going to their different places of worship, praying, crying ,dancing , shouting. Alot of others preach repentance.

Then I wonder,how come we have such a corrupt society?

Jobs are meant for a particular church congregation..

If your not a member of the church no job for you

You see politicians in churches and mosques
Who are the ones stealing this monies ?

My man there. We suppose change ourselves before going to church. That is the easiest way of making money now.

Politics › Re: Give Betta Edu A Second Chance — Femi Pedro by chukwuoke(m): 9:59pm On Jan 10, 2024

adesegun121:
https://www.thecable.ng/shell-learn-from-her-mistakes-femi-pedro-asks-nigerians-to-give-betta-edu-a-second-chance/amp

Na una no like better for less privilege in this country. Na you asked her to divert that money abi. EFCC see her bad advicers,do the needful abeg.

Education › Re: WAEC: Computer-based Test Will Lead To Mass Failure In Northern Nigeria by chukwuoke(m): 11:47am On Jan 06, 2024

DamnnNiggarr:
WAEC: Computer-based test will led to mass failure in Northern Nigeria – Forum

Daily Post

Upon the presidents and vice and NNPCL chairman, Dangote among riches in Africa, Bua is there, all the important agencies in Nigeria una they heard every thing yet you are still talking nonsense hear. Any thing one is doing that is not clean will obviously bear bad fruits. All of these northerners anything you want is with absolutely force. See you guys are killing and destroying people in the south and middle belts. Shettima will come out to say nonsense. Is it not same people or students who will go and vote massively during national elections? Abeg spare us the trash above and let the country move,thieves.

Business › Re: Nigeria To Begin To Supply Gas To South Africa From 2024 by chukwuoke(m): 2:21pm On Dec 28, 2023

thisweekng:
In a groundbreaking move, Riverside LNG, a prominent Nigerian energy company, has disclosed ongoing discussions regarding a potential agreement to supply gas to South Africa starting from the first quarter of 2024. This development marks the initiation of what could be the first-ever gas deal between Nigeria and South Africa, signaling a potential collaboration in the energy sector.

CEO David Ige, in an exclusive interview in Abuja, revealed the company’s strategic focus on expanding its reach across the continent. Earlier this year, Riverside LNG formalized a gas-export partnership with Johannes Schuetze Energy Import AG of Germany, demonstrating its commitment to international collaborations.

“We’d probably very early in the year close out another segment of the market, an off-take for South Africa,” Ige stated.

“There’s a massively evolving gas market in the region, covering southern Africa, western Africa, all to northwest Europe and to the Caribbean and South America broadly.”

While emphasizing the confidentiality of ongoing discussions, Ige refrained from providing specific details about the negotiations with South African counterparts. The company is simultaneously exploring potential opportunities in Liberia and Cameroon, further solidifying its position as a key player in the African energy landscape.

Strategic Implications for South Africa: Addressing Power Shortages and Embracing Renewables

Key Considerations:

South Africa’s persistent power shortages due to ageing and inadequately maintained power stations managed by Eskom Holdings SOC Ltd.
Delays in procuring extra electricity from private providers due to grid constraints and legal disputes.
Lack of an LNG facility in South Africa; deliveries from the Riverside LNG project expected to start in 2027.
Shifting towards renewable energy sources with a goal to achieve 60 gigawatts of power from renewables by 2030.
Regional Dynamics:

Southern African Development Community endorses a $17 billion plan for natural gas infrastructure to enhance energy provisions in the region.
Investments in pipelines and terminals for both local and imported supplies.
Riverside LNG’s potential gas supply deal with South Africa aligns with the nation’s efforts to diversify its energy sources, moving away from coal dependence. With 80% of electricity production currently reliant on coal, South Africa aims to achieve a significant portion of its power from renewables by 2030.

CEO David Ige emphasized the broader opportunities for Nigeria, stating, “We see a huge opportunity for Nigeria in being a trading hub.” The evolving gas market in the region presents a strategic advantage for Nigeria to position itself as a pivotal player in the global energy trade.

https://thisweekng.com/nigeria-to-begin-to-supply-gas-to-south-africa-from-2024/

Do they have enough for the masses?

Politics › Re: Nigeria Will Bounce Back In A Couple Of Months – Shettima by chukwuoke(m): 9:08am On Dec 22, 2023

Ofunaofu:
https://dailytrust.com/nigeria-will-bounce-back-in-a-couple-of-months-shettima/

You religion member Buhari Daura came and destroy this country all we have from him is Nigeria economy is coming to be the best in the world,that when he leaves office we will quest for him to come back. You done come your own now. We are tied of this nonsense excuses better country is all we ask for. Not Change Ooo because na these same words your oga take deceive us.

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