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Ogun Seeks NERC Support For Electricity Market Takeover

By Alliyat Olatunji

ABEOKUTA -The Ogun State Electricity Regulatory Commission has sought the support of the Nigerian Electricity Regulatory Commission ahead of its assumption of full regulatory oversight of the electricity market in the state.

The NERC disclosed this in a statement posted on its social media platforms on Friday following a courtesy visit by a delegation of the Ogun regulator to its headquarters.

The delegation was led by the Chairman-Designate of OGSERC, Engr Jide Onakoya, and received by the Chairman of NERC, Dr Musiliu Oseni.

According to the statement, the visit focused on strengthening cooperation between the two regulatory institutions, particularly in capacity development, institutional support and the exchange of regulatory knowledge and best practices.

NERC said the engagement was aimed at strengthening OGSERC’s capacity to effectively regulate the electricity market in Ogun State as the state prepares to take full responsibility for its intrastate electricity market.

“The visit provided a platform for both regulatory institutions to explore areas of cooperation, particularly in capacity development, institutional support and the exchange of regulatory knowledge and best practices to strengthen OGSERC’s capacity to effectively regulate the Ogun State electricity market,” the commission stated.

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