Authority (NEPA)/Power Holding Company of Nigeria (PHCN). NERC’s primary duty is protect the interests of consumers, issue licenses to operators/investors, set and review electricity tariffs and where possible promote competition. The Commission's main objective is to protect existing and future consumers' interests in relation to electricity generated and that conveyed by distribution or transmission systems. Consumers' interests are their interests taken as a whole, including their interests in affordable tariffs and safe, reliable and available electricity supply, and the reduction of greenhouse gases to them. Structure of NERC The Nigerian Electricity Regulatory Commission is governed by a tenured Board of Commissioners, headed by a Chairman. The nominates one nominee Commissioner to represent his/her geopolitical zone in the country for a fixed tenure of 4years, renewable once only. The Chairman/CEO, however has a period of 5years, also renewable once only. The nominees are duly screened by the Senate of the . The Board of Commission of NERC issues orders on electricity matters in Nigeria. It make regulatory decisions and issues final license to investors/operators. It also settles industrial disputes through its ADR mechanism in an open hearing. NERC is divided into seven Divisions: Office of the Chairman/CEO, Engineering, Standards and Safety Division, Finance and Management Services Division, Government and Consumer Affairs Division, Legal Licensing and Enforcement Division, Market Competition and Rates Division, and the Renewable Energy/Research and Development Division The Legal Support and Licensing Division is charged with the primary responsibility of: Overseeing the processing of license applications, including issuance, amendment, renewal, suspension, or cancellation of licenses Advising the Commission on legal matters and provision of legal input in the drafting of licenses, regulations, contracts etc. Facilitating the establishment of participatory Dispute Resolution Panels/Committees with responsibility for formalized mediation, arbitration and resolution of disputes Articulating the Commission's response on legal questions and disputes including representation before other judicial bodies. Out of all these responsibilities, the most challenging so far has been the establishment of an effective and transparent licensing framework that will attract potential investors on the one hand while also ensuring that best practices in industry standards and codes are enshrined to protect the interest of consumers and other stakeholders. Licensing Framework of NERC Under the EPSR Act, NERC is empowered to license all industry participants involved in the following activities:
Authority (NEPA)/Power Holding Company of Nigeria (PHCN). NERC’s primary duty is protect the interests of consumers, issue licenses to operators/investors, set and review electricity tariffs and where possible promote competition. The Commission's main objective is to protect existing and future consumers' interests in relation to electricity generated and that conveyed by distribution or transmission systems. Consumers' interests are their interests taken as a whole, including their interests in affordable tariffs and safe, reliable and available electricity supply, and the reduction of greenhouse gases to them. Structure of NERC The Nigerian Electricity Regulatory Commission is governed by a tenured Board of Commissioners, headed by a Chairman. The nominates one nominee Commissioner to represent his/her geopolitical zone in the country for a fixed tenure of 4years, renewable once only. The Chairman/CEO, however has a period of 5years, also renewable once only. The nominees are duly screened by the Senate of the . The Board of Commission of NERC issues orders on electricity matters in Nigeria. It make regulatory decisions and issues final license to investors/operators. It also settles industrial disputes through its ADR mechanism in an open hearing. NERC is divided into seven Divisions: Office of the Chairman/CEO, Engineering, Standards and Safety Division, Finance and Management Services Division, Government and Consumer Affairs Division, Legal Licensing and Enforcement Division, Market Competition and Rates Division, and the Renewable Energy/Research and Development Division The Legal Support and Licensing Division is charged with the primary responsibility of: Overseeing the processing of license applications, including issuance, amendment, renewal, suspension, or cancellation of licenses Advising the Commission on legal matters and provision of legal input in the drafting of licenses, regulations, contracts etc. Facilitating the establishment of participatory Dispute Resolution Panels/Committees with responsibility for formalized mediation, arbitration and resolution of disputes Articulating the Commission's response on legal questions and disputes including representation before other judicial bodies. Out of all these responsibilities, the most challenging so far has been the establishment of an effective and transparent licensing framework that will attract potential investors on the one hand while also ensuring that best practices in industry standards and codes are enshrined to protect the interest of consumers and other stakeholders. Licensing Framework of NERC Under the EPSR Act, NERC is empowered to license all industry participants involved in the following activities:
power-holding-reforms-an-overview-1.docx