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Nigerian Electricity Market Reforms Intact, Commissioners Affirm 

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Majority of states in Nigeria have continued to advance electricity reforms through legislation, regulatory frameworks, and market design initiatives, the Forum of Commissioners for Power and Energy (FOCPEN) has said.

Prince Eka Williams, FOCPEN Chairman and Cross River State Commissioner of Power and Renewable Energy, alongside FOCPEN Acting Secretary Mohammed Ihiezue Abdulmutalib, Commissioner of Rural and Energy Development, Kogi State conveyed this in a statement.

No state,the group said, has withdrawn its commitment to electricity market reforms under the landmark Electricity Act.

According to the group, key developments since the Electricity Act including the fact that “23 states have passed laws establishing their electricity markets, with more states joining regularly.

It also said fourteen states have had formal transfers of regulatory oversight from the Nigerian Electricity Regulatory Commission (NERC), including Bayelsa and Nasarawa which recently completed transfer processes.

It further said Akwa Ibom State unveiled its electricity market blueprint at its recent Energy Summit, highlighting strong intent to establish operational markets, while tate regulatory commissions have been established or are in advanced stages of formation across multiple states.

The group said states are actively working on frameworks for independent regulation, tariff setting, and localized market systems”.

FOCPEN added that states are proceeding cautiously but purposefully to ensure reforms are credible, financially sustainable, and consumer-focused. 

The forum assured Nigerians that collaboration with the federal government and development partners continues to strengthen capacity and facilitate smooth implementation.

It maintained that the transformation of Nigeria’s electricity sector is ongoing, with growing momentum toward decentralized power governance aimed at improved supply, accountability, and wider access.

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