A’Ibom Govt set to establish electricity regulatory commission, concession power plant – Commissioner
The Akwa Ibom Government says it has commenced the process of establishing the State’s Electricity Regulatory Commission as well as concessioning of the Ibom Power Plant.
Mr. Iniobong Robson, state Commissioner for Power, disclosed this on Saturday in Ikot Abasi Local Government Area of the state.
Robson explained that the development was parts of effort to improve electricity supply across the state.
He also said that the development followed the signing of the amended Electricity Act by President Bola Tinubu, which empowered states to generate, distribute and regulate electricity within their jurisdictions.
According to him, the amended version of the electricity Act 2023 which has just been signed by the President, now empowers states to take charge of both generation and distribution of electricity.
He added that the state government was taking advantage of the new legal framework to assume greater control over its power sector and address persistent electricity challenges.
He revealed that within the shortest possible time, the state government would constitute a seven-member Electricity Regulatory Commission comprising five commissioners and two principal officers.
The commissioner also revealed that members of the commission would be selected based on professional competence, technical expertise and integrity to ensure effective regulation of the state’s electricity market.
Robson noted that the state was strategically positioned to drive power sector reform, citing its vast gas reserves and the existing Ibom power plant as critical assets.
“The state-owned power plant will be revitalised through concession to a technically and financially capable operator to enhance efficiency and increase generation capacity.
“The goal is to ensure full commercial operations and improve service delivery to residents,” he said.
He added that within six months of establishing the commission, regulatory oversight of electricity distribution within the state would begin transitioning from the federal regulator to the state authority.
According to him, this is in line with the provisions of the amended law.
He explained that while transmission of electricity would remain under federal control, the state could generate surplus power for export to other states through the national grid.
He also said that the state government had developed a 10-year roadmap for the power sector, which include infrastructure upgrades, technical reviews and stakeholder engagement.
Robson expressed optimism that the reforms would position Akwa Ibom to achieve stable and reliable electricity supply in the long term. (NAN)