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Energy

NERC, SER inaugurate FONER to improve regulation

By Muyiwa Lucas The Nigerian Electricity Regulatory Commission (NERC) has inaugurated a new forum aimed at enhancing coordination and effectiveness in electricity regulation across Nigeria. Speaking at the first quarter

Author 18230
March 26, 2026·2 min read
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By Muyiwa Lucas

The Nigerian Electricity Regulatory Commission (NERC) has inaugurated a new forum aimed at enhancing coordination and effectiveness in electricity regulation across Nigeria.

Speaking at the first quarter 2026 Regulatory meeting with State Electricity Regulators (SERs) in Lagos, NERC Chairman, Dr. Musiliu Oseni, described the initiative as a major step in Nigeria’s transition to a multi-level electricity market.

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Inaugurating the Forum of Nigerian Electricity Regulators (FONER), Dr. Oseni emphasised the need for collaboration to prevent regulatory loopholes within the sector.

READ ALSO: CDS: Securing borders vital for Nigeria’s strategic defence plan

“We must work collaboratively to avoid regulatory arbitrage by operators. I charge all of us to carry out this mandate with the highest sense of responsibility. Pursuant to Section 230(9) of the Electricity Act 2023, I hereby declare the Forum of Nigerian Electricity Regulators duly inaugurated,” he said.

FONER is expected to drive key regulatory objectives, including fostering dialogue between NERC and SERs, promoting harmonised approaches in tariff setting, market operations, and consumer protection, and supporting capacity-building through peer learning. The forum will also serve as a consultative platform for electricity market reforms while advancing transparency, accountability, and national regulatory benchmarks.

While Dr. Oseni will serve as FONER’s chairman, engineer Chijioke Okonkwo of the Enugu State Electricity Regulatory Commission (ESERC) will serve as the Vice Chairman, and Aisha Mahmud, NERC Commissioner, Stakeholder Management Division, will serve as Secretary.

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