Edo gov signs electricity bill into law

Edo State Governor, Monday Okpebholo, has assented to the Edo State Electricity Law 2025, promising energy independence and improved electricity supply in the state.

The new law repeals the Edo State Electricity Law 2022. It establishes a structured framework for intra-state electricity generation, transmission, distribution, and regulation, setting the stage for a more reliable and investor-friendly power sector in the state.

The legislation is in line with the Electricity Act 2023, which empowers states to regulate electricity within their jurisdictions.

With the signing of the law, Edo joins other states in taking charge of their power infrastructure to drive industrial and economic growth.

The new Edo State Electricity Law lays the foundation for a competitive electricity market in the state, opening opportunities for private sector participation and independent power producers.

Okpebholo said the law creates a structured market that allows public and private entities to generate, distribute, and trade electricity within the state.

The law also establishes several key institutions, including the Edo State Electricity Regulatory Commission tasked with overseeing licensing, tariffs, compliance, and consumer protection.

Others are the Edo State Electrification Agency; Edo State Electricity Transmission Company; and Edo State Electricity Advisory Council.

Commenting on the development, the Lead Consultant on Power to the Nigeria Governors Forum and Group Managing Director of New Hampshire Capital, Mr Odion Omonfoman, described the new law as a game-changer for Edo State’s electricity sector.

According to Omonfoman, the law provides a stable and transparent regulatory framework that will attract investment, improve electricity access, and support industrialisation.

“The Edo State Electricity Law 2025 is a landmark legislation that positions Edo State as a leader in sub-national electricity reform. It creates a structured and competitive market, which is critical for attracting private sector investments in power generation and distribution.

“By establishing the ESERC as an independent regulator, the law ensures transparency, regulatory certainty, and consumer protection—all of which are essential for a thriving electricity sector,” he said.

Speaking on investment prospects, Omonfoman emphasised that the law will unlock new opportunities for both local and international investors in power generation, mini-grid solutions, and renewable energy development.

“This law sets the foundation for decentralised power generation and distribution, which is crucial for meeting the electricity demand of Edo State’s industries, businesses, and households. As an investor in the power sector, I see enormous potential in leveraging this framework to develop embedded generation projects, renewable energy initiatives, and rural electrification schemes,” he added.