Aiyedatiwa Signs New Ondo Electricity Power Sector Law

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Ondo State Governor, Lucky Orimisan Aiyedatiwa, has signed a new electricity law aimed at attracting private investment and expanding access to reliable electricity across the state. The law, known as the Ondo State Electric Power Sector (Amendment) Law, 2026, was signed on August 13, 2026, and is expected to have a significant impact on the state's economy.

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. 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.

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

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

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. 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.

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

We are confident that this new law will create a more structured electricity sector and improve the reliability of power supply, said Governor Aiyedatiwa. We believe that this will also attract more private investment and create jobs for our people.

The Ondo State Electric Power Sector (Amendment) Law, 2026, is seen as a major step towards improving the state's electricity sector and promoting sustainable energy development.

And in a bid to improve access to electricity, the state government has announced plans to connect more communities to the national grid. This is expected to increase electricity supply to the state and reduce the reliance on generators.

But the law has also been welcomed by investors and stakeholders in the electricity sector. They say that the new regulatory framework will create a more level playing field and attract more investment to the sector.

So, what does this mean for the people of Ondo State? With the new law, they can expect better electricity supply, more jobs, and increased opportunities for economic growth. And the state government is confident that this will make Ondo an attractive destination for investors.

The state government has also announced plans to connect more communities to the national grid. This is expected to increase electricity supply to the state and reduce the reliance on generators. The government has promised to work closely with investors and stakeholders to ensure the success of this project.

And in a bid to promote sustainable energy development, the state government has announced plans to increase the use of renewable energy. This is expected to reduce the state's reliance on fossil fuels and mitigate the impact of climate change.

But the law has also been welcomed by investors and stakeholders in the electricity sector. They say that the new regulatory framework will create a more level playing field and attract more investment to the sector. And the state government is confident that this will make Ondo an attractive destination for investors.

With the new law, the people of Ondo State can expect better electricity supply, more jobs, and increased opportunities for economic growth. And the state government is confident that this will make Ondo an attractive destination for investors.

The state government has also promised to work closely with investors and stakeholders to ensure the success of the new electricity law. This is expected to create a more structured electricity sector and improve the reliability of power supply. And the state government is confident that this will attract more private investment and create jobs for the people of Ondo State.