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Thursday, 02 October 2014 00:00

Nigerian Electricity Regulatory Commission (NERC)

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Nigerian Electricity Regulatory Commission (NERC)

 

The Nigerian Electricity Regulatory Commission was established in October 2005 pursuant to enactment of the Electric Power Sector Reform Act, 2005 with the following objectives;

1.       To create, promote and preserve efficient industry and market structures and to ensure the optimal utilization of resources for the provision of electricity services;

2.       To maximize access to electricity services by promoting and facilitating consumer connections to distribution systems in both rural and urban areas; and

3.       To ensure that adequate supply of electricity is available to consumers.

 

Mission: To promote and ensure an investor-friendly industry and efficient market structure to meet the needs of Nigeria for safe, adequate, reliable and affordable electricity.

Vision: Electricity on demand.

 

Organisational Structure

The commission comprises seven (7) Divisions namely:

1.       Office of the chairman

2.       Engineering, safety and standards

3.       Legal, licensing and enforcement

4.       Market competition and rates

5.       Government and consumer affairs

6.       Research & development and renewable energy

7.       Financial and management services

 

Highlights of Activities

The activities of the commission are centred on four (4) main goals namely:

Goal 1 – Uninterrupted Electricity

Goal 2 – Private sector participation

Goal 3 – Consumer protection

 

Goal 4 - Fair Regulation

Read 2260 times Last modified on Tuesday, 22 March 2016 16:11

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