Nigeria, June 28 -- The Nigerian Electricity Regulatory Commission (NERC) has approved the transfer of regulatory oversight of the electricity market in Abia State to the Abia State Electricity Regulatory Authority (ASERA).

In a public notice posted on its X handle on Wednesday, the commission said the transfer complies with the amended Constitution of the Federal Republic of Nigeria and the Electricity Act 2023 (Amended).

It said the transfer followed Abia State's compliance with the conditions precedent in the laws including notifying NERC and requesting for the transfer of the regulatory oversight.

NERC directed the Enugu Electricity Distribution Company (EEDC) to incorporate a subsidiary (EEDC SubCo) to assume responsibilities for ...