{
  "id": 14535466,
  "title": "Eko Power affirms status as Lagos State-licensed electricity distributor",
  "url": "https://urgent.news/2026/10/14/eko-power-affirms-status-as-lagos-state-licensed-electricity",
  "topic": "world",
  "section": "World",
  "published": "2026-10-14T20:54:58.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/10/14/eko-power-affirms-status-as-lagos-state-licensed-electricity-distributor/"
  },
  "original_language": "en",
  "account": "Eko Power Limited has confirmed its role as the licensed electricity distributor authorized by the Lagos State Electricity Regulatory Commission (LASERC) to serve the southern regions of Lagos State. This status emerged following legislative changes that transferred intrastate electricity distribution authority from federal to state governments. The company attributes its current position to the Electricity Act 2023 and a 2023 constitutional amendment that granted states the power to manage their electricity markets. Subsequently, the Lagos State Government enacted the Lagos State Electricity Law 2024 and established LASERC to oversee the state's electricity sector. In December 2024, the Nigerian Electricity Regulatory Commission (NERC) issued an order, as mandated by Section 230 of the Electricity Act, to hand over regulatory authority over Lagos State's retail electricity distribution market to LASERC. This transfer was finalized in June 2025, when LASERC took on the responsibility for retail electricity distribution and end-user tariffs in the state. Eko Power operates under a distribution license issued directly by LASERC, adhering to the commission's tariff methodology and service-level standards. The company's cost-reflective tariffs and service-level commitments, applicable across all customer bands and feeders in Lagos State, are published in compliance with LASERC's transparency requirements. Eko Power asserts that its operations and customer service obligations are strictly governed by Lagos State's regulatory framework. The company emphasizes that its establishment is a direct reflection of Lagos State's constitutional right to regulate retail electricity distribution within its jurisdiction.",
  "summary": "Eko Power Limited has affirmed its status as the electricity distribution company licensed by the Lagos State Electricity Regulatory Commission, LASERC to serve the southern parts of Lagos State. The company said its establishment followed changes to Nigeria’s electricity regulatory framework, which devolved regulatory powers over intrastate electricity generation, transmission and distribution…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}