Eko Power Reaffirms Licence to Distribute Electricity Across Southern Lagos

Eko Power reaffirms its electricity distribution licence under Lagos State regulation

Eko Power Limited has reaffirmed its status as the electricity distribution company licensed by the Lagos State Electricity Regulatory Commission (LASERC) to serve southern Lagos, following the transfer of retail electricity regulatory powers from the Nigerian Electricity Regulatory Commission (NERC) to Lagos State.

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In a statement published by Nairametrics on 14 October 2026, the company said its licence, tariff arrangements and customer service obligations operate under the Lagos State electricity regulatory framework.

The clarification follows changes to Nigeria’s electricity governance structure that allow state governments to regulate electricity generation, transmission and distribution within their territories, subject to the applicable legal framework.

Lagos State Assumes Electricity Regulatory Oversight

The transition follows the Electricity Act 2023, as amended, and the 2023 constitutional amendment that devolved regulatory powers over intrastate electricity markets to state governments.

Following these changes, the Lagos State Government enacted the Lagos State Electricity Law 2024 and established LASERC to regulate the state’s electricity market.

Under Section 230 of the Electricity Act, NERC issued an order in December 2024 to commence the transfer of regulatory oversight of Lagos State’s retail electricity distribution market to the state regulator.

The transition concluded in June 2025, when LASERC assumed regulatory authority over retail electricity distribution and end-user tariffs in Lagos State.

Eko Power said it operates under a distribution licence issued directly by LASERC and must comply with the commission’s tariff methodology, service standards and transparency requirements.

Company Confirms LASERC Oversight of Tariffs

Eko Power said its electricity tariffs and customer service commitments reflect the regulatory requirements established by LASERC.

The company stated that it operates under LASERC-approved cost-reflective tariffs and publishes service-level commitments covering customer bands and electricity feeders across its network.

Cost-reflective tariffs are designed to account for the costs associated with supplying electricity. Their application can affect the revenue available to distribution companies for operations, maintenance and network improvements, while also influencing the bills customers pay.

The company said it continues to publish tariff information and service-level performance in line with the state regulator’s transparency requirements.

The statement reinforces the distinction between the regulatory authority responsible for setting the rules and the distribution company responsible for delivering electricity to customers within its licensed territory.

Electricity Act Reshapes State-Level Power Markets

The transfer of regulatory responsibilities to states forms part of a wider restructuring of Nigeria’s electricity market.

Under the evolving framework, state regulators can oversee intrastate electricity activities within their jurisdictions, creating opportunities for electricity markets to develop according to local conditions.

For Lagos, the establishment of LASERC provides a state-level regulatory structure for distribution, tariffs and service standards.

The arrangement also creates responsibilities for coordinating regulatory oversight, maintaining consistent compliance requirements and protecting electricity consumers.

The effectiveness of the state-level framework will depend on the regulator’s ability to monitor distribution companies, enforce service obligations, publish reliable performance information and address customer complaints.

Distribution Companies Face Service and Transparency Obligations

Eko Power’s statement also highlights the relationship between regulatory licensing and customer service accountability.

Distribution companies must operate within their approved territories and comply with applicable tariff and service requirements. Published performance information can help customers and regulators assess whether companies meet their obligations.

For electricity users, the regulatory framework determines the standards governing their distribution service, applicable tariffs and channels for resolving complaints.

For businesses, reliable electricity supply and predictable tariff arrangements are important operational considerations. Power costs and supply interruptions can affect productivity, operating expenses and investment decisions across commercial and industrial activities.

The transition to state-level regulation therefore has implications beyond administrative oversight. Its practical value will depend on whether regulatory changes support better service delivery, transparent billing and more effective network management.

Regulatory Clarity Remains Important for Lagos Electricity Customers

Eko Power’s clarification comes as Lagos continues to implement its state-level electricity regulatory framework.

The company maintains that its licence, tariffs and service commitments fall under LASERC’s authority. The regulatory transition completed in June 2025 established the state commission as the regulator of retail electricity distribution and end-user tariffs in Lagos.

Going forward, the key issues for electricity customers and businesses will include compliance with approved tariffs, transparent service reporting and the enforcement of distribution companies’ obligations.

The broader test for Lagos’s electricity market will be whether the new regulatory arrangements translate into measurable improvements in service quality, accountability and the reliability of electricity supply.

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Ayomide Fiyinfunoluwa

Written by Ayomide Fiyinfunoluwa, Housing Journalist & Daily News Reporter

Ayomide is a dedicated Housing Journalist at Nigeria Housing Market, where he leads the platform's daily news coverage. A graduate of Mass Communication and Journalism from Lagos State University (LASU), Ayomide applies his foundational training from one of Nigeria’s most prestigious media schools to the fast-paced world of property development. He specializes in reporting the high-frequency events that shape the Nigerian residential and commercial sectors, ensuring every story is anchored in journalistic integrity and professional accuracy.

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