The Osun State House of Assembly has passed the Osun Electricity Bill into law on Monday 28 July, 2025.
Receiving the news, Ademola Adeleke, Executive Governor of Osun State, expressed his “delight”, saying, the move will “deepen and boost” the economy of the Southwestern State by creating opportunities for investors in the power sector.
Taking to X, Governor Adeleke said: “Yesterday, I was delighted to receive the news of the passage of the Osun Electricity bill into law by the Osun State House of Assembly. As an executive bill, the Electricity Market law is a major tool that is aimed at deepening and boosting the economy of Osun State by opening windows of opportunities for investors in the power sector with a lot of offgrid generation opportunities.
“For several years, our people have endured and made several complaints about chronic power supply crisis. This bill, which will soon be signed into law, will provide the much needed policy framework for the Osun State power sector that will help to diversify, open up and regulate sources of power generation in Osun State.
“The new law will ensure the right energy mix. Renewable energy will complement the traditional energy sources. Osun State is open to new energy sector investors.
“Through the establishment of the State Electricity Regulatory Agency, the electricity market in the state will be monitored and regulated, as well as attend to service delivery issues by the distribution company.
“The regulatory commission will be addressing critical issues relating to customer – service providers complaints. It will grant licenses to power generators among others. The commission will not condone the current maltreatment of electricity users in the state.
“I commend the Osun State House of Assembly, headed by the Speaker, Rt. Hon. Adewale Egbedun @AOEgbedun; the state Ministry of Energy and all other stakeholders who worked on the draft bill and participated in the consultation processes leading to the passage by the State Assembly.”
