Earlier this week, the Federal Government made a significant announcement regarding the issuance of licenses to 17 Independent Electricity Distribution Network operators, with 11 of them currently operational.
This development was officially revealed by the Federal Government in the recently released 2022 Market Competition Report, published on Thursday by the Nigeria Electricity Regulatory Commission (NERC), a regulatory agency under the Federal Government’s purview.
The report excerpt states, “The commission has also granted licenses to 17 Independent Electricity Distribution Network operators, with 11 of them actively operating.”
The 11 operational operators are:
1. Gateway Electricity Limited
2. Energy Company of Nigeria Plc
3. PIPP LVI Disco Limited
4. Bodituv Nigeria Limited
5. Uraga Power Distribution Company
6. Ariaria Independent Energy Distribution Network Ltd
7. Ladol Integrated Logistics Free Zone Enterprise
8. Babcock Consulting Limited
9. Constant Independent Electric Power Distribution Company Ltd
10. Alausa Distribution Limited
11. Notore Industrial City Limited.
This move marks a significant step in the country’s electricity distribution sector, potentially enhancing the availability and reliability of electrical power across Nigeria.