The Anambra State Electricity Regulatory Commission (ASERC) has introduced four key regulations to open up the state’s electricity market, enhance consumer protection, and attract private investment that would boost power supply and drive economic growth.
The regulations, signed at the Old Government House in Awka, comprise the Business Rules Regulation, Customer Protection Regulation, Licensing Regulation, and Investment Regulation.
Effective immediately, the frameworks establish the legal, operational, and governance structures for electricity generation, distribution, supply, and investment across Anambra State.
Speaking after the signing ceremony, ASERC Chairman, Prof. Frank Okafor, described the development as a landmark achievement in the state’s electricity sector reform programme. He said the regulations would promote transparency, encourage competition, and create an equitable electricity market capable of supporting sustainable economic development.
READ ALSO:Â Government inaugurates major power substation in Anambra
Multiple Participants
Okafor said the reforms effectively end the dominance of a single electricity distributor by opening the market to multiple participants.
According to him, the regulations provide clear licensing procedures, investment guidelines, consumer protection measures, and operational standards for stakeholders, creating opportunities for both local and international investors.
“With these instruments now in force, individuals, groups, and organisations are free to invest in the sector. There will no longer be a monopoly. The market is now open to competition, and investors can participate without unnecessary barriers,” he said.
He stated that “ASERC would oversee licensing for electricity generation, transmission, distribution, and supply companies, develop tariff methodologies, regulate investments, and resolve disputes between operators and consumers”.
The ASERC chairman linked the reforms to the implementation of Governor Chukwuma Soludo’s Integrated Electricity Policy and Strategic Implementation Plan, designed to expand access to reliable electricity and accelerate industrial and economic growth.
He recalled that the reform process began with the signing of the Anambra State Electricity Law in April 2025, followed by the inauguration of the commission’s five-member board in October 2025.
Okafor said the commission would work closely with relevant ministries, including those responsible for power, petroleum, communications, lands, and physical planning, to ensure smooth implementation of the new framework.
The collaboration, he noted, is intended to facilitate investment, streamline regulatory processes, and enhance ease of doing business in the electricity sector. State officials described the regulations as a critical foundation for the government’s vision of transforming Anambra into a technology-driven and industrialised economy.
Infrastructure Initiatives
The Commissioner for Information and Value Reorientation, Dr. Law Mefor, said reliable electricity remains central to the state’s long-term development agenda, including plans for an expanded night-time economy, an aerotropolis project, industrial city development, and other major infrastructure initiatives.
He urged regulators to encourage healthy competition among operators to improve service delivery and expand consumer choice, while Commissioners Casmir Agummadu and Prof. Charles Ofoegbu expressed confidence that the framework would attract investment while safeguarding consumer interests.
 has introduced four key regulations to open up the................................){kind=link}