Ogun, NERC Explore Areas of Cooperation for Effective Market Oversight

By Modupe Gbadeyanka

The Ogun State Electricity Regulatory Commission (OGSERC) has reached out to the Nigerian Electricity Regulatory Commission (NERC) to explore areas of cooperation for effective market oversight as it prepares to regulate the electricity ecosystem in the Gateway State.

At a meeting today, Friday, November 13, 2026, both parties discussed how to develop the technical and institutional competencies on consumer protection, tariff setting and the implementation of sound regulatory frameworks.

During the discussions, the two organisations reaffirmed their commitment to sustained collaboration within Nigeria’s evolving electricity regulatory landscape, following the decentralisation of electricity regulation under the Electricity Act 2023.

They also identified critical areas for institutional and technical capacity development for OGSERC, particularly in tariff determination, consumer protection and market regulation.

In addition, they expressed commitment to facilitating the exchange of expertise, regulatory experience and best practices to enhance OGSERC’s operational effectiveness.

Further, they reaffirmed the readiness to work together to promote efficient regulatory oversight, safeguard electricity consumers and create an enabling environment for investment in the Ogun State electricity market.

The chairman-designate of OGSERC, Mr Jide Onakoya, thanked the chairman of NERC, Mr Musiliu Oseni, for the warm welcome.

The engagement underscores the importance of cooperation between federal and state electricity regulators in ensuring a coordinated and effective regulatory framework. It also reflects the shared commitment of NERC and OGSERC to supporting the development of sustainable subnational electricity markets that are efficient, reliable, competitive, and responsive to the needs of electricity consumers.