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Gov Okpebholo signs Edo electricity bill 2025 into law

by Present Nigeria
March 24, 2025
in News
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Okpebholo signs bill increasing Magistrates’ retirement age from 60 to 65
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Edo State Governor Monday Okpebholo has signed the State Electricity Bill 2025 into law.

The new law repealed the Edo State Electricity Law 2022 and established a structured framework for intra-state electricity generation, transmission, distribution, and regulation,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.

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

With the signing of this law, Edo State joins a growing list of sub-national governments taking charge of their power infrastructure, aiming to reduce dependence on the national grid and drive industrial and economic growth.

Commenting on the development, Odion Omonfoman, the Lead Consultant on Power to the Nigeria Governors Forum (NGF) and Group Managing Director of New Hampshire Capital, 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.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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