Tinubu reconstitutes NERC board, names Musiliu Oseni as chairman

President Bola Tinubu has approved the reconstitution of the Nigerian Electricity Regulatory Commission (NERC) board.

Dr. Mulisiu Olalekan Oseni was appointed NERC Chairman, with Dr. Yusuf Ali named Vice Chairman, according to a statement by presidential spokesperson Bayo Onanuga.

Their appointments, confirmed by the Senate on December 16, took effect from December 1, 2025.

Dr. Oseni replaces Abdullahi Ramat who was earlier nominated by President Tinubu to serve as the Chairman and Chief Executive Officer of the NERC. The move was a surprise to industry stakeholders who had expected Oseni to be nominated.

What the Presidency said 

According to the Presidency, Dr. Oseni’s appointment as Chairman will subsist until the completion of his 10-year tenure at the Commission.

• Oseni, according to the statement, joined NERC as a Commissioner in January 2017 and later served as Vice Chairman.
• Dr. Yusuf Ali, who was first appointed as a Commissioner in February 2022, will serve as Vice Chairman until the end of his first term.
• Other members of the board include Nathan Rogers Shatti, Dafe Akpeneye, Aisha Mahmud Kanti Bello, Dr. Chidi Ike, and Dr. Fouad Animashaun.
• Dr. Animashaun, an energy economist, previously served as CEO of the Lagos State Electricity Regulatory Commission before joining NERC.

“President Bola Ahmed Tinubu has charged the board members of NERC to deepen and consolidate the ongoing transformation of Nigeria’s power sector,” the statement said.

Backstory 

In June 2023, President Bola Tinubu signed the Electricity Act 2023 into law, repealing the Electric Power Sector Reform Act, 2005.

This Act decentralizes the power sector, giving states authority to regulate electricity within their territories.

The reconstitution of the NERC board follows the enactment of the Electricity Act, 2023.

The Act places increased emphasis on effective regulation, market discipline, and sector sustainability.

NERC oversees tariffs, licensing, market enforcement, and consumer protection, making its board leadership vital to ongoing power sector reforms.(Nairametrics)