Aiyedatiwa signs new Ondo electricity power sector law

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Ondo State Governor, Lucky Orimisan Aiyedatiwa, has assented to the Ondo State Electric Power Sector (Amendment) Law, 2026, establishing a stronger legal and regulatory framework for electricity generation, transmission and distribution across the state.

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The new law establishes the State Electricity Regulatory Commission, which will oversee tariffs, licences, investments, mini-grids, renewable energy and other electricity-related activities in the state.

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It also provides for the creation of the State Independent System Operator and State Market Operator to support the development of an efficient and competitive electricity market.

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Key provisions of the legislation include compulsory metering, protection of community and privately funded electricity infrastructure, and penalties for the sabotage of power facilities.

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The law further establishes the Equipment Standards and Competence Certification Agency to regulate electrical equipment and ensure that professionals operating in the sector meet required standards.

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The legislation also strengthens the Ondo State Power Company and provides greater protection and regulatory certainty for investors in electricity generation, distribution, renewable energy and related infrastructure.

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According to the state government on its X handle on Thursday, the new legal framework is designed to attract private investment and expand access to reliable electricity across the state.

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The government said the law would “attract private investment, expand electricity access, promote renewable energy” and use reliable power supply to drive industrialisation and economic development.

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The administration said the establishment of dedicated regulatory and market institutions would create a more structured electricity sector while improving confidence among investors and other stakeholders.

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The government also said the provisions protecting electricity infrastructure and imposing penalties for sabotage would help safeguard investments and improve the reliability of power supply.

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With the new law, the state government said Ondo was positioning its electricity sector to support industrial growth, expand economic opportunities and promote sustainable energy development.

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