Ondo State Governor Lucky Aiyedatiwa signed the Ondo State Electric Power Sector (Amendment) Law, 2026, establishing an updated state regulatory framework to transform the local electricity market.
Key Highlights of the Power Sector Framework
-
Regulatory Independence: Following the transfer of regulatory authority from the Nigerian Electricity Regulatory Commission (NERC) to the Ondo State Electricity Regulatory Bureau (OSERB), the state now holds direct oversight over local electricity generation, transmission, and distribution.
-
Breaking Monopoly (Open Access Model): The legislation establishes an open-access model designed to eliminate single-distributor monopolies. It opens the state power sector to independent power producers (IPPs) and multiple licensed operators to expand coverage and promote competitive pricing.
-
Mass Metering Push (O’Datiwa Meters): To combat arbitrary and estimated billing practices, the state expanded its subsidized mass metering initiative to ensure fair consumer billing and improved access to prepaid meters.
-
Off-Grid & Rural Access: The law emphasizes decentralized power generation and distribution, facilitating direct supply to bulk consumers and underserved/rural communities across Ondo State.
