Tinubu reconstitutes NERC board, urges members on sector reforms

President Bola Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC), following the confirmation of its members by the Senate on December 16.

The reconstituted board is headed by Dr Mulisiu Olalekan Oseni as Chairman, with Dr Yusuf Ali appointed as Vice Chairman.

Other members are Mr Nathan Rogers Shatti, Mr Dafe Akpeneye, Aisha Mahmud Kanti Bello, Dr Chidi Ike and Dr Fouad Animashaun.

According to a statement issued by Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Thursday, Dr Oseni, who joined the commission as a commissioner in January 2017 and later served as Vice Chairman, assumed office as Chairman with effect from December 1, 2025.

His tenure will run until the completion of his 10-year term at the commission, in line with the provisions of the Electricity Act, 2023.

Dr Ali, who was first appointed as a commissioner in February 2022, takes over as Vice Chairman from December 1, 2025, and will serve in that capacity until the completion of his first term.

Mr Shatti and Mr Akpeneye are both serving second terms on the commission, having been first appointed as commissioners in January 2017, while Aisha Bello is also serving a second term following her initial appointment in December 2020.

Dr Ike, first appointed as a commissioner in February 2022, is serving his first term, while Dr Animashaun joins the commission for the first time, with his appointment taking effect from December 2025.

Dr Animashaun is an energy economist with extensive experience in the Nigerian power sector and most recently served as Executive Commissioner and Chief Executive Officer of the Lagos State Electricity Regulatory Commission.

President Tinubu charged the reconstituted NERC board to deepen and consolidate the ongoing transformation of Nigeria’s power sector, urging members to discharge their responsibilities in strict adherence to the letter and spirit of the Electricity Act, 2023.

The President reaffirmed his administration’s commitment to strengthening regulatory institutions as part of broader efforts to improve electricity supply, enhance investor confidence and drive sustainable growth in the power sector.