NERC CELEBRATES 20 YEARS OF REGULATING NIGERIA’S ELECTRICITY SECTOR
GREATRIBUNETVNEWS–THE Nigerian Electricity Regulatory Commission (NERC) is marking two decades of dedicated service in shaping and regulating the Nigerian Electricity Supply Industry (NESI). Established under the Electric Power Sector Reform Act (EPSRA) 2005 and now operating under the Electricity Act 2023, NERC has played a pivotal role in steering Nigeria’s electricity market.
To commemorate this milestone, NERC will host a series of events engaging stakeholders from government, industry, development partners, and consumer groups. These gatherings will reflect on progress, share insights, and renew commitments to building a reliable, affordable, and sustainable electricity supply industry.
NERC Vice Chairman, Dr. Musiliu Oseni, said, “This 20th Anniversary is a reaffirmation of our mandate to protect consumers, promote investment, and ensure a level playing field.” He added, “We remain committed to driving reforms that deliver tangible value to Nigerians.”
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Highlights of the celebration will include:
Technical session featuring panel discussions by eminent personalities in the power sector
Health and wellness session
Debate contest on energy-saving practices for secondary school students
A commemorative dinner to honour pioneer and deceased members of staff, as well as past chairmen and commissioners
These activities are designed to foster collaboration, innovation, and public engagement in the sector.
As NERC looks ahead to the next 20 years, the Commission remains steadfast in its mission to regulate the electricity supply industry in the public interest—balancing the needs of consumers and operators while supporting Nigeria’s energy transition.
About NERC
The Nigerian Electricity Regulatory Commission (NERC) is an independent body established under the Electricity Act 2023. It is mandated to set tariffs, issue licenses, protect consumers, monitor market performance, and promote competition and efficiency across Nigeria’s electricity supply industry.
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