The Federal Government National Electricity Regulatory Commission has handed over the regulatory functions of the Enugu Electricity Distribution Commission, EEDC to the state government from 22nd October 2024.

The development marks the making of history in the Nigerian Electricity Supply Industry (NESI) in Enugu State as it marks the end of the transition period for the transfer of regulatory oversight from the Nigeria Electricity Regulatory Commission (NERC) to the Enugu State Electricity Regulatory Commission (EERC).
 This historical event is a strong affirmation of the States’ constitutional right to develop the electricity sector in their States, across the value chain of generation, transmission, distribution, or retailing services, including Mini-Grid and Off-Grid electrification solutions. 
As the foremost State to initiate and drive this process under the leadership of Dr. Peter N. Mbah, Enugu State has again emerged the first State to commence the development of a sub-national electricity market in Africa as EERC not only assumes regulatory oversight but will also issue license.
A distribution license will be issued to a state-owned Distribution Company known as Mainpower Electricity Distribution Limited, incorporated to take over EEDC’s operations in the State.
The handover ceremony holds tomorrow, Wednesday l, October 22, 2024 at EERC Headquarters, No. 2 Forrest Close, off Forrest Crescent, GRA, Enugu, at 10 am. 

The full details of the hand over will be made public in due course.

This development will see to loss of control of EEDC in the state and may signal the ultimate closure of the company owned by Sir Emeka Offor if other states in the southeast region take a cue.

Source: Drumnewsonline