President Bola Ahmed Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC), following the Senate’s confirmation of the nominees on Tuesday. The move marks another step in the administration’s efforts to strengthen regulatory oversight and accelerate reforms in Nigeria’s electricity sector under the Electricity Act, 2023.
Under the reconstituted board, Dr. Mulisiu Olalekan Oseni has been appointed Chairman of NERC. Oseni, who began his service at the commission as a Commissioner in January 2017 and later served as Vice Chairman, assumed his new role with effect from December 1, 2025. His appointment will run until the completion of his 10-year tenure at the commission, in line with the provisions of the Electricity Act, 2023.
Dr. Yusuf Ali was designated Vice Chairman of the commission, effective December 1, 2025. Ali was first appointed as a Commissioner in February 2022, and his current designation will remain in force until the end of his first term on the board.
The board also includes Mr. Nathan Rogers Shatti and Mr. Dafe Akpeneye, both of whom are serving second terms as Commissioners, having been first appointed in January 2017. Aisha Mahmud Kanti Bello, first appointed in December 2020, is likewise serving a second term as Commissioner.
Completing the lineup are Dr. Chidi Ike, who is serving his first term after his appointment as Commissioner in February 2022, and Dr. Fouad Animashaun, whose first term takes effect from December 2025. Animashaun brings extensive experience as an energy economist and was most recently the Executive Commissioner and Chief Executive Officer of the Lagos State Electricity Regulatory Commission, a role that positioned him at the forefront of sub-national power sector regulation.
President Tinubu has charged the newly constituted board to deepen and consolidate the ongoing transformation of Nigeria’s power sector, urging strict adherence to both the letter and spirit of the Electricity Act, 2023. The directive underscores the administration’s emphasis on regulatory stability, market efficiency and improved electricity supply across the country.
