The Kogi State Electricity Regulatory Commission (KERC) has engaged key stakeholders in the energy sector ahead of its official takeover of the state’s electricity market from the Abuja Electricity Regulatory Commission.
The transition, set to take effect on March 12, 2025, follows federal government approval granted in September 2024.
Speaking at the Market Electricity Kick-Off Stakeholders’ Engagement in Lokoja, KERC Chairman Rahim Abdulwaaris emphasized the necessity of a state-controlled electricity market, stating that it will provide reliable, affordable, and sustainable power tailored to the specific needs of Kogi residents and businesses.
“We will enhance customer service, bring decision-making closer to consumers and stakeholders, and create a transparent regulatory framework that attracts investors while ensuring fair, cost-reflective tariffs,” he said.
Commissioner for Rural and Energy Development, Muhammed Abdulmutalib, revealed that the state government is actively pursuing energy sufficiency. He noted that Kogi currently receives 50 megawatts of electricity—far below its daily requirement of 120 megawatts.
To bridge this gap, investors have been granted permission to explore hydroelectric power from the Omi dams and other water sources. The state is also considering coal and solar energy to diversify its electricity supply.
“Kogi is richly endowed with resources capable of generating more than enough electricity,” Abdulmutalib said. “Even small contributions—5 megawatts from one source and 10 megawatts from another—will cumulatively help us achieve energy sufficiency.”
Echoing this vision, Commissioner for Information and Communication, Kingsley Fanwo, highlighted that energy sufficiency is a core pillar of the state’s 32-year economic master plan.
“For our economy to thrive, we need a steady power supply. That’s why we are making strategic moves in the electricity market,” Fanwo stated.
He added that KERC’s takeover will foster a robust relationship between consumers and distributors, ensuring fair electricity tariffs. Furthermore, the state is actively welcoming investors into the energy sector.
“We assure investors that Kogi is a safe and viable destination for energy projects. The government is committed to providing the necessary support to facilitate electricity generation,” he said.
With KERC’s leadership and the state’s ambitious energy plans, Kogi is poised to transform its electricity market and drive economic growth through sustainable power solutions.
Comments