The Anambra State Electricity Regulatory Commission has signed four new regulatory instruments for immediate enforcement to improve electricity supply in the state.
The four regulatory instruments, which include the Business Rules, Customer Protection Regulation, Licensing Regulation, and Investment Regulation, are expected to guide governance, protect consumers, and attract investment in Anambra’s electricity sector.
The commission pointed out that the regulations were aimed at breaking the monopoly of the First Power Electricity Distribution Company Limited, a subsidiary of the Enugu Electricity Distribution Company, which is in charge of power distribution in Anambra.
The Presentation and Signing of Regulatory Instruments ceremony, which took place at the Old Government House in Awka on Wednesday, was aimed at enabling other investors to participate in the power sector, as well as providing governance and legal frameworks for the industry.
Speaking shortly after the signing, the ASERC Chairman, Prof Frank Okafor, said the commission, under his
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