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Foundation Anniversary Reaffirms Our Impact On Power Sector-NERC

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The Nigerian Electricity Regulatory Commission (NERC) will commemorate its 20th Anniversary on Friday

 Ahead of the celebration, NERC Vice Chairman, Dr Musiliu Oseni said the  anniversary is a milestone and reaffirmation of the Commission’s  mandate to protect consumers, promote investment, and ensure a level playing field in Nigeria’s electricity sector.”

“We remain committed to driving reforms that deliver tangible value to Nigerians,” said Dr Oseni in a statement on Wednesday.

Established on 31st October 2005 under the Electric Power Sector Reform Act (EPSRA) 2005—now replaced by the Electricity Act 2023—NERC has played a pivotal role in steering the evolution of Nigeria’s electricity market. 

According to the statement, over the past twenty years, the Commission has championed reforms that foster transparency, accountability, consumer protection, and sustainable growth across the sector.

In order to mark this milestone, NERC will host a series of events and activities aimed at showcasing its achievements, engaging stakeholders, and setting a forward-looking agenda for the future of electricity in Nigeria.

The statement added:” Stakeholders from government, industry, development partners, and consumer advocacy groups will convene to reflect on the sector’s progress, share insights, and renew their commitment to building a reliable, affordable, and sustainable electricity supply industry.”

Highlights of the celebration will include technical session featuring panel discussions by eminent personalities in the power sector, health and wellness session, and debate contest on energy-saving practices for secondary school students

A commemorative dinner would also be held to honour pioneer and deceased members of staff, as well as past chairmen and commissioners 

It explained that these activities are designed to foster collaboration, innovation, and public engagement in the sector.

It added:”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.”

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