Devolution Of Electricity Regulation: Lagos Team Meets TCN - Politics

 

TCN Hosts Lagos Delegation, Pledges Support For Electricity Regulatory Responsibility

The Transmission Company of Nigeria (TCN) hosted a delegation from the Lagos State Government at its Corporate Headquarters in Abuja on Tuesday, November 19, 2024.

Welcoming the delegation, led by Biodun Ogundoye, Commissioner for Energy and Mineral Resources, TCN's Managing Director/CEO, Engr. Sule Abdulaziz, assured TCN's support as Lagos prepares to take up regulatory responsibilities under the new Electricity Act.

In his remarks, Ogundoye said the purpose of the visit was to seek TCN's collaboration to improve power supply in the state as well as tap into the company's huge resources as Lagos prepares to take over regulatory responsibility in line with the new Electricity Act.
#tcnnigeria

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Re: Devolution Of Electricity Regulation: Lagos Team Meets TCN by naptu2: 7:26am
Previous threads.

In March 2023 President Muhammadu Buhari signed a constitutional ammendment bill into law and part of the ammendments was that states could generate, transmit and distribute electricity in places that were covered by the National Grid.

Buhari Signs 16 Constitution Amendment Bills Into Law
https://www.nairaland.com/7615729/buhari-signs-16-constitution-amendment

In June 2023, President Tinubu signed an ammendment to the Electricity Act into law. The new law allows states to issue licenses to companies to generate, transmit and distribute electricity within their states. The law says that the states must first enact a law to regulate electricity generation, transmission and distribution before they can take over the regulatory functions of the NERC.

President Tinubu Signs Electricity Act 2023 Into Law
https://www.nairaland.com/7720914/president-tinubu-signs-electricity-act


The Lagos State Government is now planning it's own electricity law and it is inviting investors to take part in the Lagos electricity market.

Lagos Lawmakers, Stakeholders Meet As State Plans Own Electricity Market
https://www.nairaland.com/8150172/lagos-lawmakers-stakeholders-meet-state

GAC Members Meet Obasa Over Proposed Lagos Electricity Law
https://www.nairaland.com/8145598/gac-members-meet-obasa-over

Lagos To Build Massive 4,000 Megawatts Plants To End Power Cuts - Reuters
https://www.nairaland.com/8261512/lagos-build-massive-4000-megawatts

Lagos Invites Investors For Gas Fired IPPs
https://www.nairaland.com/8261091/lagos-invites-investors-gas-fired


Lagos To Build Massive 4,000 Megawatts Plants To End Power Cuts
https://www.nairaland.com/8261512/lagos-build-massive-4000-megawatts

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