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Home Energy

Anambra Signs Four Electricity Laws to Boost Power Supply, End Distribution Monopoly

Victoria Emeto by Victoria Emeto
June 3, 2026
in Energy
0
GenCos Say Unpaid Electricity Invoices Hit N6tn, Reject NLC’s Extortion Claims

The Anambra State Electricity Regulatory Commission (ASERC) has announced that four new regulatory instruments have been signed into law to improve electricity supply and strengthen the state’s power sector.

The commission said the new laws are designed to dismantle the monopoly of FirstPower Electricity Distribution Company Limited, a subsidiary of the Enugu Electricity Distribution Company (EEDC), which currently oversees power distribution in the state.

The regulatory instruments were officially presented at the Old Government House in Awka on Tuesday.

Speaking during the event, the Chairman of ASERC, Prof. Frank Nwoye Okafor, said the commission is responsible for regulating the Anambra electricity market and ensuring alignment with Governor Chukwuma Soludo’s Integrated Electricity Policy and Strategic Implementation Plan.

Okafor described the signing of the regulations as a major step towards creating a transparent and efficient electricity market in the state.

According to him, the new regulations cover customer protection, licensing procedures, investment guidelines and business operations within the electricity sector.

“The signing of these four draft regulations on customer protection, application for licences, investment in the electricity market and business rules represents not merely the conclusion of a regulatory process, but the beginning of a more structured, transparent, and equitable energy landscape for all,” he said.

He explained that the regulations were developed after months of consultations, expert reviews and stakeholder engagement.

Okafor noted that the instruments reflect a commitment to protecting consumers, promoting accountability and creating an enabling environment for sustainable investment.

He added that the regulations would help establish clear and fair licensing frameworks while encouraging responsible participation in the electricity market.

The ASERC chairman also assured investors and industry stakeholders that the new framework demonstrates the state’s determination to improve the business environment through reliable electricity supply.

The four instruments signed into law are the Business Rules Regulation, Customer Protection Regulation, Licensing Regulation and Investment Regulation.

According to Okafor, these regulations will guide governance in the electricity sector, safeguard consumer rights and attract investments needed to expand power infrastructure.

He further called for collaboration among stakeholders, investors and industry operators to ensure the successful implementation of the regulations and the overall growth of Anambra’s electricity market.

The commission expressed optimism that the new legal framework would support increased competition, improved service delivery and greater access to reliable electricity for residents and businesses across the state.

Tags: #AnambraElectricity#ElectricityRegulation#EnergyInvestment#PowerSectorReform
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