Nigeria, Oct. 22 -- The Enugu State Electricity Regulatory Commission (EERC) has licensed Mainpower Electricity Distribution Limited to replace the Enugu Electricity Distribution Company (EEDC) in distributing electricity in Enugu State.

This followed the complete transfer of regulatory oversight to the EERC by the Nigeria Electricity Regulatory Commission (NERC).

At an event in Enugu to mark the complete transfer of regulatory oversight on Tuesday, the Chairperson of the EERC, Chijioke Okonkwo, described the transfer as "significant."

"It marks the beginning of the development of sub-national electricity markets not only in Nigeria or West Africa but across the African continent.

"Today, we now take on the monumental responsibility o...