The Cross River State Executive Council convened an emergency meeting on Thursday, marking a pivotal moment in the state’s pursuit of energy independence and economic empowerment. The council’s primary focus was the deliberation and subsequent approval of a groundbreaking state-owned electricity policy, a comprehensive blueprint designed to revolutionize Cross River’s energy landscape. Presented by the Attorney-General, Ededem Ani, on behalf of Governor Bassey Otu, the policy document outlines a strategic roadmap for establishing a competitive electricity market underpinned by robust institutional frameworks, ultimately aimed at achieving 95% electricity access within the state by 2028. This ambitious target reflects the government’s commitment to bridging the energy divide and fostering sustainable economic growth.
Central to the new electricity policy is the creation of three vital entities: the Cross River State Electricity Regulatory Commission, the Cross River State Electrification Agency, and the Cross River State Independent System Operator. These institutions will play crucial roles in overseeing the reformed power sector. The Regulatory Commission will ensure independent oversight, promoting transparency and accountability. The Electrification Agency will focus on extending reliable power access to underserved communities, addressing the long-standing challenge of energy inequality. Finally, the Independent System Operator will streamline system operations, ensuring efficient and reliable power distribution throughout the state.
The policy’s overarching goal is to transform Cross River’s power sector from its current state to a more dynamic and efficient model. This transformation involves scaling up generation capacity to meet the growing energy demands of the state. It also entails enhancing transmission and distribution efficiency to minimize power losses and ensure that generated electricity reaches consumers reliably. Furthermore, the policy emphasizes rigorous consumer protection mechanisms to safeguard the rights and interests of electricity users. Promoting energy efficiency is another key component, encouraging responsible energy consumption practices to optimize resource utilization and minimize environmental impact.
Beyond approving the policy document, the Executive Council also demonstrated its commitment to translating these plans into tangible action. The council adopted a draft bill for the enactment of the Cross River State Electricity Law, 2025, a crucial legal framework that will provide the necessary legislative backing for the policy’s implementation. This draft bill is set to be presented to the State House of Assembly for due legislative process, signifying the government’s determination to solidify the policy’s provisions and ensure its long-term effectiveness.
In addition to the electricity policy, the Executive Council also addressed another critical area of economic development: supporting micro, small, and medium enterprises (MSMEs). Recognizing the vital role MSMEs play in driving economic growth and job creation, the council approved a significant financial commitment. The state will contribute N500 million as counterpart funding to access a matching grant from the Federal Government, specifically aimed at bolstering MSME development within the state. This strategic investment underscores the government’s commitment to fostering a thriving entrepreneurial ecosystem and empowering local businesses.
The convergence of these two significant approvals – the electricity policy and the MSME funding – signals a comprehensive approach to development in Cross River State. The electricity policy aims to create a robust and reliable energy infrastructure, laying the foundation for sustainable economic growth. Simultaneously, the investment in MSMEs will empower local businesses, creating jobs and stimulating economic activity. These initiatives, taken together, represent a significant step forward for Cross River State, demonstrating the government’s proactive approach to addressing critical development challenges and building a brighter future for its citizens. They highlight a commitment to both infrastructural development and economic empowerment, crucial elements for achieving sustainable progress and improving the quality of life for all residents of Cross River State.
