President Bola Tinubu has reconstituted the Nigerian Electricity Regulatory Commission (NERC) board, appointing Musiliu Oseni as the new chairman. This move follows the Senate’s confirmation of the NERC members, as confirmed by Presidential spokesman Bayo Onanuga. Oseni, who started his service as a Commissioner in January 2017 and was later appointed Vice Chairman, will serve as Chairman effective December 1, 2025, until the completion of his ten-year tenure.
The reconstituted board also includes Yusuf Ali as Vice Chairman, who was first appointed as a Commissioner in February 2022. Other members of the board include Nathan Shatti, Dafe Akpeneye, Aisha Bello, and Chidi Ike, all of whom are returning for their second terms. Fouad Animashaun, an energy economist with extensive experience in the Nigerian power sector, will be serving his first term as a Commissioner, effective December 2025.
The presidency has described Animashaun as having most recently served as Executive Commissioner and Chief Executive Officer of the Lagos State Electricity Regulatory Commission. President Tinubu has urged the NERC board members to deepen and consolidate the ongoing transformation of Nigeria’s power sector, in strict alignment with the Electricity Act, 2023.
The reconstitution of the NERC board is a significant development in Nigeria’s power sector, which has faced challenges in recent years. The new board is expected to play a crucial role in implementing the Electricity Act, 2023, and driving reforms in the sector. With their combined experience and expertise, the board members are well-positioned to address the challenges facing the sector and work towards providing reliable and efficient electricity supply to Nigerians.
The Nigerian government has been working to reform the power sector, with a focus on increasing generation capacity, improving transmission and distribution infrastructure, and promoting private sector participation. The reconstituted NERC board is expected to build on these efforts and drive further progress in the sector. As the board begins its work, it will be important to monitor its progress and ensure that it is working effectively to address the needs of the Nigerian people.