The Akwa Ibom State Electricity Regulatory Commission (AKSERC) has clarified that Wednesday’s transfer of electricity market oversight from the Nigerian Electricity Regulatory Commission (NERC) to the state does not mean an immediate change in electricity supply or tariffs.
The commission said the transfer order marks the beginning of a transition expected to be completed by 17 February 2027.
The statement, signed by AKSERC Chairman and Chief Executive Officer, Arit Uya, was posted on the commission’s Facebook page on Thursday.
PHED remains electricity provider
According to the commission, the Port Harcourt Electricity Distribution Company (PHED) Plc will continue to supply, meter and bill electricity consumers in Akwa Ibom during the transition.
