As the crisis between states and electricity distribution companies continues to degenerate over who has the power to fix electricity tariffs, the Federal Government, through the Nigerian Electricity Regulatory Commission, has summoned all the stakeholders to a meeting scheduled for next week,
Energy commissioners of state governments, under their umbrella body known as the Forum of Commissioners for Power and Energy in Nigeria, have repeatedly insisted that the Electricity Act, 2023 (Amended), has empowered state governments to regulate their respective power markets.
However, power distribution companies, under the aegis of the Association of Nigerian Electricity Distributors, insisted that, although the Act enabled the states to regulate their power markets, the state governments lack the power to put a price on cross-border electricity.
