Aiyedatiwa signs new Ondo electricity power sector law

Ondo State Governor Lucky Orimisan Aiyedatiwa recently approved the Ondo State Electric Power Sector (Amendment) Law, 2026. This new legislation aims to create a robust legal and regulatory structure for electricity generation, transmission, and distribution in the state. The law introduces the State Electricity Regulatory Commission, which will regulate tariffs, licenses, investments, mini-grids, renewable energy, and other electricity-related affairs.

The State Independent System Operator and State Market Operator will also be established to promote a competitive electricity market. The legislation mandates compulsory metering, safeguards community and privately funded electricity infrastructure, and imposes penalties for power facility sabotage. Additionally, it establishes the Equipment Standards and Competence Certification Agency to regulate electrical equipment and ensure professionals meet industry standards.

The law also strengthens the Ondo State Power Company, encouraging private investment and ensuring greater protection for investors in electricity-related sectors. The government asserts that these measures will attract private investment, expand electricity access, promote renewable energy, and ultimately drive industrialization and economic development in the state.