Ekiti State Electric Power Sector Law, 2023

This law establishes the Ekiti State Electricity Board to manage electricity supply, assets, and operations, along with a State Electricity Regulatory Bureau (SERB) and a State Taskforce on Power for enforcement. It creates the Ekiti State Power Company and an Electricity Management Service Department to handle licensing, penalties, and offences. The law protects investments through “No Objection” procedures and establishes a State Energy and Electricity Sector Support Fund. It grants individuals and corporations the right to compel agencies to impose sanctions, and covers legal proceedings, dispute resolution, and sanctions for violations. The law repeals any inconsistent previous legislation and includes provisions for transitional arrangements, joint ventures, and distribution companies.