Anambra signs four regulations to boost power

The Anambra State Electricity Regulatory Commission has signed four new regulatory instruments for immediate enforcement to improve electricity supply in the state. The four regulatory instruments, which include the Business Rules, Customer Protection Regulation, Licensing Regulation, and Investment Regulation, are expected to guide governance, protect consumers, and attract investment in Anambra’s electricity sector. The commission pointed out that the regulations were aimed at breaking the monopoly of the First Power Electricity Distribution Company Limited, a subsidiary of the Enugu Electricity Distribution Company, which is in charge of power distribution in Anambra. The Presentation and Signing of Regulatory Instruments ceremony, which took place at the Old Government House in Awka on Wednesday, was aimed at enabling other investors to participate in the power sector, as well as providing governance and legal frameworks for the industry. Speaking shortly after the signing, the ASERC Chairman, Prof Frank Okafor, said the commission, under his watch, is tasked with regulating the Anambra electricity market and ensuring compliance with Governor Prof. Chukwuma Soludo’s Integrated Electricity Policy and Strategic Implementation Plan. Okafor said, “Key responsibilities include licensing companies engaged in generation, transmission, distribution, and supply of electricity; developing tariff methodologies to balance affordability and sustainability; overseeing investments in the electricity sector and creating policies to attract local and international investors; ensuring consumer protection and resolving disputes in the Anambra electricity market. “Today marks a defining moment in the development of our energy sector. The signing of these four draft regulations on Customer Protection, Application for Licences, Investment in the Electricity Market, and Business Rules represents not merely the conclusion of a regulatory process, but the beginning of a more structured, transparent, and equitable energy landscape for all. “This is a journey started by our ebullient Governor, Prof Chukwuma Soludo, sometime in April 2025, when he signed the Anambra State Electricity Bill, earlier passed by the pragmatic Anambra State House of Assembly, into law. The governor quickly followed this by inaugurating the five commissioners of the Anambra State Electricity Regulatory Commission on October 9, 2025. “These regulations have been shaped by months of careful deliberation, expert consultation, and a shared commitment to getting it right. They reflect our collective resolv