The Nigerian Electrical energy Regulatory Fee (NERC) has formally transferred regulatory oversight of the electrical energy market in Bayelsa State from the Fee to the Bayelsa State Electrical energy Regulatory Company (BYERA).
The announcement was made by way of NERC’s official X (previously Twitter) deal with on Monday.
This improvement is in step with the amended Structure of the Federal Republic of Nigeria and the provisions of the Electrical energy Act (EA) 2023, which empowers states to control electrical energy technology, transmission, and distribution inside their boundaries.
The NERC’s assertion learn partially, “In compliance with the amended Structure of the Federal Republic of Nigeria (CFRN) and the Electrical energy Act 2023 (Amended), the Nigerian Electrical energy Regulatory Fee (“NERC” or the “Fee”) has issued an order to switch regulatory oversight of the electrical energy market in Bayelsa State from the Fee to the Bayelsa State Electrical energy Regulatory Company (BYERA).”
Based on NERC, the Port Harcourt Electrical energy Distribution Firm Plc (PHED) has been directed to include a brand new subsidiary, PHED SubCo to imagine tasks for intrastate provide and distribution of electrical energy in Bayelsa State from PHED.
“PHED shall full the incorporation of PHED SubCo inside 60 days from twenty first August 2025,” NERC stated.
Upon completion, PHED SubCo should acquire a licence from BYERA, amongst different directives.
NERC acknowledged that every one regulatory and operational handovers must be concluded by twentieth February 2026.
The Fee emphasised that whereas states now have the suitable to control intrastate electrical energy markets, it is going to retain its position because the central regulator overseeing interstate and worldwide electrical energy technology, transmission, buying and selling, and system operations.
What you need to know
The switch in Bayelsa is the newest in a collection of state-level regulatory handovers initiated by NERC underneath the EA 2023, which was created to offer states extra management over managing electrical energy provide of their areas.
- In 2025 alone, NERC has transferred electrical energy market regulation to a number of states, together with Abia from the Fee to the Abia State Electrical energy Regulatory Authority (ASERA) and Plateau State from the Fee to the Plateau State Electrical energy Regulatory Fee (PSERC), Niger State to the Niger State Electrical energy Regulatory Fee (NSERC).
- Additionally, in August, NERC formally transferred regulatory oversight of the electrical energy market in Nasarawa State to the Nasarawa State Electrical energy Regulatory Fee (NASERC).
- In 2024, the Federal Authorities, by the Nigerian Electrical energy Regulatory Fee (NERC), transferred regulatory oversight of the electrical energy market in Lagos State to the newly established Lagos State Electrical energy Regulatory Fee (LASERC).
NERC additionally issued comparable switch orders for Ogun, Ekiti, and Ondo states, handing over regulatory authority to the Ogun State Electrical energy Regulatory Fee (OGERC), Ekiti State Electrical energy Regulatory Bureau (EERB), and Ondo State Electrical energy Regulatory Bureau (OSERB), respectively.
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