- President Tinubu is leading Nigeria's governance efforts.
- The Nigerian government, operating under President Tinubu's Renewed Hope Agenda, is managing the national electricity sector.
Oyo State assumes power sector regulatory oversight from NERC
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
On September 22, 2026, Oyo State established the Oyo State Electricity Regulatory Commission and completed the transfer of regulatory oversight from the Nigerian Electricity Regulatory Commission (NERC). This action was made possible by the Electricity Act 2023, which President Bola Ahmed Tinubu signed into law.
Why it matters
The transfer grants Oyo State the legal and regulatory authority to attract investors, license electricity projects, and develop sustainable power solutions tailored to its needs. This decentralization allows states to manage and regulate their own power sector.
The Nigerian government, under President Bola Ahmed Tinubu, is managing the national electricity sector.
Who's involved
- Oyo StateState that assumed regulatory oversight of the power sector.
- Nigerian Electricity Regulatory CommissionRegulatory body whose oversight functions were transferred to Oyo State.
- Bola Ahmed TinubuPresident who signed the Electricity Act 2023.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
Keep exploring
Part of
The Nigerian government, operating under President Tinubu's Renewed Hope Agenda, is managing the national electricity sector.Also in this story
- Minister of Power Joseph Tegbe made a commitment reflecting the determination of Tinubu's administration.
- Tinubu promised to address Nigeria's electricity challenges.
- The government is expanding electricity access in Kwara State, a project supported by the EU via funding.
- Nigeria's federal government is implementing a new power policy and introducing a Band A tariff, with Tegbe confirmed as Minister of Power.
Within President Tinubu is leading Nigeria's governance efforts.
The entities involved
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Oyo State
state of Nigeria
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Nigerian Electricity Regulatory Commission
Electricity regulatory body Nigeria
Related events
- Security concerns are reported in Oyo State, leading the Christian Association of Nigeria to comment on the government's capacity to address insecurity.
- Lagos State operates under regulatory oversight in the Lagos area.
- Manufacturers call for regulatory reforms and tax credits.
- TCN is using reports from the Nigerian Electricity Regulatory Commission (NERC) to defend against various claims.
- President Tinubu met with a delegation from Oyo State.