Ondo State Governor, Lucky Aiyedatiwa, has signed 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.

The new law establishes the Ondo State Electricity Regulatory Commission, which will oversee electricity tariffs, licences, investments, mini-grids, renewable energy and other activities within the state’s power sector.

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

Under the legislation, electricity consumers will be subject to compulsory metering, while community and privately funded power infrastructure will receive greater legal protection. The law also introduces penalties for the sabotage of electricity facilities.

Another key provision is the creation of the Equipment Standards and Competence Certification Agency, which will regulate electrical equipment and ensure that professionals working in the sector meet required standards.

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

The state government said the new framework is designed to attract private investment, expand electricity access and promote renewable energy, with reliable power expected to support industrialisation and economic development in Ondo State.