BREAKING: President Tinubu Reconstitutes NERC Board, Announces New Chairman, Members

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 December 16, 2025.

The development was disclosed in a statement issued on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

According to the statement, the newly reconstituted NERC Board is composed as follows:

Mulisiu Olalekan Oseni, PhD – Chairman
Dr Oseni, who began his service at NERC as a Commissioner in January 2017, was later appointed Vice Chairman of the Commission. His appointment as Chairman took effect from December 1, 2025, and will run until the completion of his ten-year tenure, in line with the provisions of the Electricity Act, 2023.

Yusuf Ali, PhD – Vice Chairman
Dr Ali was first appointed as a Commissioner in February 2022. His designation as Vice Chairman took effect from December 1, 2025, and will subsist until the completion of his first term.

Mr Nathan Rogers Shatti – Commissioner
Mr Shatti is serving a second term as Commissioner, having first been appointed in January 2017.

Mr Dafe Akpeneye – Commissioner
Mr Akpeneye is also serving a second term, following his initial appointment in January 2017.

Aisha Mahmud Kanti Bello – Commissioner
Mrs Bello is serving her second term as a Commissioner, having first been appointed in December 2020.

Dr Chidi Ike – Commissioner
Dr Ike is serving his first term, following his appointment as a Commissioner in February 2022.

Dr Fouad Animashaun – Commissioner
Dr Animashaun is serving his first term, effective December 2025. He is an energy economist with extensive experience in Nigeria’s power sector and most recently served as Executive Commissioner and Chief Executive Officer of the Lagos State Electricity Regulatory Commission.

President Tinubu urged the reconstituted board to deepen and consolidate the ongoing reforms in Nigeria’s power sector, stressing the need for strict adherence to both the letter and spirit of the Electricity Act, 2023.

The President reaffirmed his administration’s commitment to strengthening electricity regulation as a critical component of national economic growth and development.