By Sylvia Akpan, Government House Correspondent
In a move aimed at transforming the state’s energy framework, the Cross River State Executive Council has approved a state-owned electricity policy document.
An emergency meeting of the State Executive Council of Cross River State held on Thursday, March 6, 2025, approved a presentation from the Governor for a state-owned electricity policy document.
The Electricity Policy project is said to provide a comprehensive roadmap to overhaul the state energy framework by introducing a competitive market model underpinned by robust institutional structures.
Governor Otu represented by his Deputy, Rt. Hon. Peter Odey, who presided over the Executive Council meeting, directed the State Attorney General, Mr. Ededem Ani, Esq., to make the presentation of the policy document on his behalf.
He disclosed that the electricity policy seeks to transform Cross River State’s power sector by establishing three key entities – the Cross River State Electricity Regulatory Commission (CRSERC) for independent regulatory oversight; the Cross River State Electrification Agency (CRSEA) to extend reliable power to underserved communities; and the Cross River State Independent System Operator (CRSISO) to streamline system operations.
He explained that the policy has an ambitious target to achieve 95% electricity access in the state by the year 2028, thereby bridging the energy divide by scaling up generation capacity, enhancing transmission and distribution efficiency, and promoting rigorous consumer protection and energy efficiency.
Besides the approved electricity policy document, the State Executive Council also considered and adopted a draft bill for the enactment of the Cross River State Electricity Law, 2025, which is to be sent to the State House of Assembly for proper legislation.
The Executive Council approved a request that requires the state to pay N500 million in counterpart funds to the federal government in order to receive a matching grant in support of Micro, Small, and Medium Enterprises Development in the state.
Deputy Governor Odey, commended the records of prompt response by the State Security structures in some flashpoints and demanded that they replicate the commendable response across the state by justifying the increased mobility that has been provided for them by the state governor.
Since You Are Here, Support Good JournalismCrossRiverWatch was founded on the ideals of deploying tech tools to report in an ethical manner, news, views and analysis with a narrative that ensures transparency in governance, a good society and an accountable democracy. Everyone appreciates good journalism but it costs a lot of money. Nonetheless, it cannot be sacrificed on the altar of news commercialization. Consider making a modest contribution to support CrossRiverWatch's journalism of credibility and integrity in order to ensure that all have continuous free access to our noble endeavor. CLICK HERE |
New Feature: Don't miss any of our news again.Get all our articles in your facebook chat box.Click the Facebook Messenger Icon below to subscribe now
Text Advert by CRWatch :Place Yours
Will You To Learn How To Make Millions Of Naira Making Special Creams From Your Kitchen?.Click Here
Expose Your Business And Make More Sales. Advertise On CrossRiverWatch.com Today
Leave feedback about this