The Nigerian Electricity Regulatory Commission (NERC) has announced plans to commemorate its 20th anniversary, marking two decades of dedicated service in regulating and shaping the Nigerian Electricity Supply Industry (NESI).
The anniversary celebration will reflect on the Commission’s remarkable journey — from its formative years and the early challenges of establishing a functional regulatory framework, through the unbundling and privatisation of the power sector, to its ongoing oversight of the Nigerian Electricity Market from the post-privatisation era through to the Transition Electricity Market phase.
Established on 31 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. Over the past two decades, the Commission has championed reforms promoting transparency, accountability, consumer protection, and sustainable growth across the industry.
To mark the milestone, NERC has lined up a series of activities aimed at showcasing its achievements, engaging stakeholders, and setting a forward-looking agenda for the next phase of Nigeria’s electricity development.
According to the Commission, stakeholders from government, industry, development partners, and consumer advocacy groups will converge to reflect on the sector’s progress, exchange ideas, and renew their commitment to building a reliable, affordable, and sustainable electricity supply industry.
ALSO READ:
- Electricity Act 2023 Has Unlocked Investment Into Nigeria —Minister
- PANA Holdings Announces Key Leadership Appointments
- NERC Marks 20 Years, Lists Activities for Celebration
- Komolafe meets Bank of America rep, seeks increased funding for oil production
- NMDPRA Set to Launch Commodity Exchange for Gas Sector
Speaking ahead of the celebration, NERC Vice Chairman, Dr. Musiliu Oseni, described the anniversary as both a milestone and a call to greater service.
“This 20th Anniversary is not just a milestone—it’s a reaffirmation of our mandate to protect consumers, promote investment, and ensure a level playing field in Nigeria’s electricity sector,” Dr. Oseni said.
“We remain committed to driving reforms that deliver tangible value to Nigerians.”
Highlights of the 20th Anniversary Celebration
Technical Session: Panel discussions featuring eminent personalities in the power sector
Health and Wellness Session
Debate Contest: Energy-saving practices for secondary school students
Commemorative Dinner: To honour pioneer and deceased staff members, as well as past chairmen and commissioners
These activities, NERC noted, are designed to foster collaboration, innovation, and public engagement in the electricity sector.
As the Commission looks ahead to the next 20 years, it reaffirmed its commitment to regulating the industry in the public interest—balancing the needs of consumers and operators while supporting Nigeria’s energy transition.
