NERC Advocates Collaboration for Reliable Power Supply

The Nigerian Electricity Regulatory Commission (NERC) has expressed support for Minister of Power Joseph Tegbe's call for enhanced collaboration among operators in the Nigerian Electricity Supply Industry (NESI) to achieve reliable electricity supply. This statement follows a recent workshop in Abuja aimed at addressing legal and policy regulatory harmonization in light of the decentralized electricity market established by the Electricity Act 2023.

The Act empowers states to create their own electricity markets, fundamentally altering the governance structure of the power sector. NERC Chairman Dr.

Musiliu Oseni emphasized that stakeholders should prioritize improving electricity supply over regulatory competition. He urged policymakers to set aside institutional interests and engage in dialogue to deliver better outcomes for electricity consumers.

Oseni proposed the creation of a structured platform for regular engagement between federal and state governments to facilitate smoother implementation of ongoing reforms. The establishment of a nine-member inter-agency committee was announced to address implementation challenges and ensure regulatory coherence.