LASERC takes control of power market regulation, replacing NERC’s oversight.
The Lagos State Electricity Regulatory Commission (LASERC) has officially prohibited individuals or entities from providing electricity services in the state without a valid licence or permit. This directive marks LASERC’s first major regulatory action following the domestication of electricity market regulation in Lagos State. Issued under the title “LASERC ORDER/001/2025,” the order formally places all…
