Category: Energy

  • AEPA lauds NUPRC for transparent release of frontier exploration fund to NNPCL

    AEPA lauds NUPRC for transparent release of frontier exploration fund to NNPCL

    • …hails Komolafe’s leadership in strengthening regulatory credibility

    The African Energy Policy Alliance (AEPA) has lauded the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its transparent handling and timely release of the Frontier Exploration Fund (FEF) to the Nigerian National Petroleum Company Limited (NNPCL), describing the action as “a model of regulatory–industry synergy for the rest of the continent.”

    In a statement issued on Thursday, Dr. Randy Amuche, Executive Director of AEPA, said the Commission’s confirmation of the approval and release of over $185 million and N14.9 billion to NNPCL reinforces NUPRC’s reputation under Gbenga Komolafe’s leadership as a regulator committed to accountability, professionalism, and transparent resource governance.

    AEPA further noted that the Commission’s prompt dismissal of claims that it withheld the fund reflects a maturing regulatory culture guided by evidence-based processes.

    “The NUPRC, led by Engr. Gbenga Komolafe has once again demonstrated exceptional regulatory discipline. By explaining that the Frontier Exploration Fund is domiciled with the Central Bank of Nigeria (CBN) and not with the Commission, and that disbursement follows rigorous evaluation of NNPCL’s work programmes, the NUPRC has set a continental benchmark for transparency,” the statement reads.

    Dr Amuche praised the Commission’s decision to contract PwC to independently evaluate NNPC’s claims before approving payments, saying it reflects a commitment to financial integrity and best-practice oversight.

    “From the initial release of N14.9 billion and $45 million, to the final tranche of $140 million approved on November 27, the NUPRC demonstrated procedural discipline that boosts investor confidence. Such diligence is precisely what Africa needs as countries seek to unlock frontier basins from Uganda to Namibia,” he said.

    AEPA also applauded the seamless coordination between the NUPRC and the NNPC, describing the relationship as a model of how regulators and national oil companies should collaborate to drive national and continental energy security.

    “What we are witnessing between the NUPRC and NNPC is a productive, functional relationship rooted in mutual respect for institutional mandates. The regulator demands evidence; the national oil company meets the requirements; and both work together toward expanding exploration in frontier basins,” Dr Amuche observed.

    He urged other African nations reforming their petroleum governance structures to study Nigeria’s approach, noting that credible, transparent regulatory practices remain central to improving global investor perception of Africa’s energy markets.

    “For Africa to compete and grow, we need institutions that are predictable, professional, and transparent. The NUPRC’s handling of the Frontier Exploration Fund is a strong demonstration of how regulatory integrity strengthens the entire energy ecosystem,” he said.

    AEPA also encouraged stakeholders to rely on verified information and avoid “unsubstantiated claims” that undermine trust in public institutions.

    The continental organisation reaffirmed its support for Nigeria’s ongoing efforts to strengthen exploration funding, deepen frontier basin development, and expand domestic reserves in line with global energy transition realities.

    “Nigeria is setting the pace. Properly supervised frontier exploration, as currently driven by the NUPRC under Engr. Gbenga Komolafe is essential not just for national growth but for Africa’s collective energy future,” he added.

  • NGO reiterates N50b demand over spills

    NGO reiterates N50b demand over spills

    Environmental rights group, Save the Earth and Secure the Future (SESF), has reiterated its demand for N50 billion compensation and full cleanup of affected communities, and investigation of concerned National Oil Spill Detection and Response Agency (NOSDRA) officials over perceived “ecocide” linked to multiple oil spills in OML 40.

    In a statement signed by Mr. Nehemiah Tobolayefa and Mrs. Tari Gideon, the group accused Nigeria Exploration and Production Limited (NEPL) and ELCREST of failing to clean up the October 28, 2023 spill and two subsequent spills, as well as allegedly dumping hazardous waste around the Opuama Flow Station.

    “They have become the mouthpiece of the companies. A rat defends the snake that bites him, while the forest burns,” the group said, criticising community leaders who recently defended the operators.

    SESF said a joint investigation visit occurred nearly two weeks after the 2023 spill and confirmed equipment failure. It cited earlier petitions and press briefings by community elders in 2024 which it said were ignored by the companies.

    The group invoked Section 54 of the Petroleum Industry Act and EGASPIN guidelines to argue that NEPL and ELCREST are legally responsible for cleanup, including so-called legacy spills. 

    It also claimed rising deaths and cancer cases in the area, referencing the UNEP Ogoniland report.

    Efforts to get reactions from NEPL and NOSDRA were unsuccessful, as both did not respond to earlier messages seeking comments on the matter.

  • NCDMB concludes training on structural steel fabrication in oil sector

    NCDMB concludes training on structural steel fabrication in oil sector

    The Nigerian Content Development and Monitoring Board (NCDMB) has concluded a three-week training on capacity building in structural steel fabrication for oil and gas projects in Port Harcourt.

    The training, which drew participants from diverse backgrounds, was aimed at equipping them with critical skills in structural steel fabrication, a key component in the oil and gas industry.

    The representative of the NCDMB, Prince Zubai, urged participants to maximize the skills acquired, highlighting the board’s dedication to developing local content and capacity in the oil and gas sector.

    He emphasised that the training aligns with the NCDMB’s mandate to ensure that Nigerians are equipped to participate meaningfully in the industry.

    Key highlights of the training include skill development, where participants gained hands-on experience in structural steel fabrication, to enhance their employability in the oil and gas sector.

    Another highlight was industry partnership, which underscored NCDMB’s commitment to fostering collaborations with industry stakeholders to drive local content development.

    Speaking at the programme, Director of Kinetium, Ulari Nwaogazie, expressed gratitude to NCDMB for the opportunity to partner in the training.

    She emphasised the importance of capacity building in driving the growth of Nigeria’s oil and gas industry.

    The training is part of NCDMB’s broader initiative to train over 10,000 youths in high-demand skills in the oil and gas industry, as announced earlier by the board’s Executive Secretary, Felix Omatsola Ogbe.

    The initiative aimed at bridging the skill gap and preparing Nigerian youths for emerging opportunities in the sector.

  • FG reduces signature bonus to $3m, $7m

    FG reduces signature bonus to $3m, $7m

    From the $10 million per block charge in the 2024 oil block bid round, the Federal Government has reduced the signature bonus to between a minimum of $3 million to a maximum of $7 million in the 2025 bid round.

    This is an indication of 70 per cent and 30 per cent crash, according to the “FAQ’s on the Nigerian Upstream Petroleum Regulatory Commission (NUPRC’s) 2025 Licensing Round.”

    The document was was released virtually on Monday said, “The Nigerian government has graciously reduced the signature bonus to between $3 million and $7 million.”

    The document noted that the Minister of Petroleum Resources has approved the new signature bonus in order to reduce entry barriers.

    “All Bidders shall be required to submit a bid within a range of $3 million and $7 million as approved by the minister of petroleum for the reduction of entry barriers,” said NUPRC.

    The document explicitly stated that the designated signature bonus account is United States dollar- denominated, an indication that it is not dominated in local currency (Naira).

    NUPRC said the exercise is a score based approach, taking into consideration the following parameters: Signature bonus (provided it is within the prescribed limit), and Work programme.

    It also said the score based approach considers unit cost per barrel with reference to the work programme, professionalism, human and technical capacity.

    It also looks into percentage of bank guarantee made available Balance sheet, Turnover, Green story and decarbonisation programme and Corporate governance structure.

    On the minimum financial requirement for an entity to participate in the licensing round, NUPRC said an average $100 million is required for deep offshore blocks while an average &40 million is required for onshore and shallow water blocks.

    The document said the requirements includes the following, “Average annual turnover of USD$100,000,000.00 for deep offshore blocks and USD$40, 000,000 for onshore and shallow water blocks or minimum Cash in bank of USD$100,000,000.00 for deep offshore blocks and USD$40,000,000.00 for onshore and shallow water blocks or Bank Guarantee to the tune of USD$100,000,000.00 for deep offshore, USD$40,000,000.00 for onshore, and shallow water blocks or

    “For newly incorporated companies, a parent company guarantee to the tune of USD$100,000,000.00 in deep offshore, USD$40,000,000.00 in onshore and shallow water.”

    NUPRC said no bidder, whether participating individually or as a member of any consortium, shall submit applications for more than two assets in total across all applications. 

    It stressed, “Participation in more than one consortium shall count towards this limit. For the avoidance of doubt, where a company has equity, direct or indirect ownership, or management involvement in multiple consortium vehicles, all such applications shall be aggregated and treated as a single bidder’s applications.”

    The document said the applicant’s Technical Competence will be evaluated using work experience across the under-listed work areas: Geological and geophysical capabilities; Drilling and well engineering; Reservoir evaluation and management; Production engineering and technology; Development planning and Facilities engineering and management.

  • Chevron to participate in NUPRC 2025 licensing round

    Chevron to participate in NUPRC 2025 licensing round

    Chevron Nigeria has hailed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as a business enabler and has expressed its intention to participate in the 2025 licensing round.

    The Chairman and Managing Director of Chevron Nigeria/Mid-Africa Business Unit, Jim Swartz, gave the commendation when he visited the NUPRC’s corporate headquarters in Abuja on December 4, 2025.

    NUPRC’s Head, Media and Strategic Communication, Mr. Eniola Akinkuotu, who made this known in a press statement, quoted Swartz as saying, “We will participate in the next licensing round. Our intention is to continue to grow in Nigeria.” 

    The Chevron boss hailed the Commission Chief Executive, Engineer Gbenga Komolafe, for his visionary leadership and for ensuring that the Petroleum Industry Act is enforced to the letter.

    “My assessment is that you have continued to support us. You have shown that Nigeria is a leader in this sector. Chevron specifically appreciates the enforcement of the willing buyer, willing seller provision. I am also happy about your position on decommissioning and abandonment which came up at the National Assembly recently,” he said.

    Mr. Swartz described the passage of the Petroleum Industry Act as a watershed moment in Nigeria’s economic history.

    He said the PIA – coupled with the style of the NUPRC’s enforcement – had restored predictability and made Nigeria an investment destination once more.

    “The NUPRC listens. The NUPRC supports business. As a regulator, the NUPRC is transparent,” he stated.

    Read Also: Chevron host communities’ workers seek intervention on welfare

    Mr. Swartz added that Chevron has recorded zero incidents of sabotage in the last one year.

     “Chevron has not recorded any oil theft or attacks on our pipelines this year. This is the longest we’ve gone without oil theft,” Mr. Swartz said.

    Mr. Swartz revealed that TotalEnergies Nigeria had signed a farm-out agreement with Chevron for a 40% stake in the PPL 2000 and PPL 2001 offshore exploration licences in Nigeria.

    He said Chevron was looking to the NUPRC for a swift approval as it sought to develop the assets quickly.

    The Chevron boss also disclosed some of the company’s goals for 2026 including plan’s to bring in a drilling rig in late 2026 on a newly discovered resource near Egbami as well as an extension of the lease of some assets which it is already developing.

    In his remarks, the NUPRC helmsman, Engineer Gbenga Komolafe, said Chevron’s decision to take part in the 2025 licensing round was evidence that Nigeria remained a key investment destination.

    Komolafe called on other oil companies to emulate Chevron by coming out to share their testimonies as this would encourage potential investors.

    He said although the 2024 licensing round was described as the most transparent in Nigeria’s history, the NUPRC was working to taking up a notch.

    The NUPRC said, “We are committed to delivering a transparent licensing round which will even be better than that of 2024. It will be transparent and digital. Our portal has gone live and we have 50 fields on offer.”

    Komolafe also expressed delight over Chevron’s testimony that it had recorded zero incidents of oil theft in the last 12 months.

    He said this was a reflection of an improved business environment provided by the President Bola Ahmed Tinubu-led Federal Government and security agencies.

    The NUPRC boss therefore called on investors to take advantage of Nigeria’s positive fiscal and regulatory environment.  

  • Experts hail Komolafe as NUPRC revenue hits N8.79trn in 10 months

    Experts hail Komolafe as NUPRC revenue hits N8.79trn in 10 months

    Three prominent policy analysts and energy-sector experts have praised the leadership of Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), following new records showing the commission generated N8.79 trillion to the Federation Account between January and October 2025.

    FAAC records from the November 2025 meeting revealed that NUPRC remitted N873.10 billion in October alone, a 17.67 per cent rise from September’s N741.99 billion, following stronger royalty enforcement, enhanced data reconciliation and improved monitoring of upstream operations. 

    The documents also showed over N1.02 trillion in NNPC Joint Venture and Production Sharing Contract royalty receivables, as well as N835.69 billion from Project Gazelle. 

    The commission additionally confirmed that, after presidential approval to “nil off” inherited NNPC arrears as of 31 December 2024, it cleared $1.42 billion and N5.57 trillion in legacy obligations.

    Despite these gains, October’s collections amounted to 72.47 per cent of the N1.204 trillion monthly budget, reflecting the ongoing effects of low output, infrastructure constraints, crude theft, and global price movements. 

    The commission also recorded strong performances across several revenue lines, including N807.08 billion in oil and gas royalties, a 65 per cent rise in rental income, and gas flare penalties surpassing budgeted targets at 105.52 per cent.

    Dr. Ifeanyi Okonkwo, public affairs analyst and former adviser at the National Assembly, said the latest revenue figures reflect a deliberate tightening of administrative and fiscal controls at the commission. 

    “What these numbers tell us is that the NUPRC under Komolafe has finally embraced the discipline that the upstream sector has lacked for years,” he said. 

    “There is now a clear commitment to transparency, monthly reconciliation and the closure of historical leakages. The fact that the commission is sustaining high remittances despite fluctuating production shows that the regulator is no longer timid or reactive. It is behaving like a regulator that understands the weight of its mandate and is determined to enforce it.”

    Energy economist, Dr. Hauwa Ibrahim, described the performance as a reassuring signal in a difficult year for the global oil market. 

    “The October numbers demonstrate that even within a constrained production environment, a disciplined regulatory framework can still deliver strong outcomes for the federation,” she said. 

    “What we are seeing is the early emergence of structural stability in the upstream sector, driven by firmer compliance systems and a more assertive regulatory posture. Yes, the figures still reflect the fragility of the sector, particularly in production volumes, but when a regulator provides clarity, consistency and predictable enforcement, the entire value chain becomes more resilient. That is the direction NUPRC is now moving toward.”

    Petroleum engineer, Mike Osamudiamen, said the commission’s handling of inherited NNPC indebtedness marks one of the most consequential interventions in the industry this year. 

    “For decades, Nigeria’s upstream fiscal environment has been muddied by unresolved obligations, disputed receivables and opaque accounting practices,” he said. 

    “By bringing long-delayed clarity to the books and writing off obligations that were legally extinguished, Komolafe has restored credibility to the federation’s financial records. This certainty is essential not just for government planning but for operators, investors and auditors who rely on accurate data. What is needed now is sustained vigilance, tighter monitoring of production volumes, accurate measurement systems and uncompromising royalty compliance, because that is how this momentum will be protected.”

    The experts concluded that the performance reflects a regulator that is increasingly assertive, disciplined and aligned with the vision of the Petroleum Industry Act, with Komolafe’s leadership playing a central role in the turnaround.

  • CEAR lauds NNPC for N5.4tn 2024 profit, says reforms driving unprecedented growth

    CEAR lauds NNPC for N5.4tn 2024 profit, says reforms driving unprecedented growth

    A policy advocacy group, the Centre for Energy Accountability and Reform (CEAR), has praised the Nigerian National Petroleum Company (NNPC) Limited for posting a Profit After Tax of N5.4 trillion for the 2024 financial year.

    Describing the performance as “an unmistakable affirmation that Nigeria’s oil industry is finally responding to disciplined management and modern commercial reforms”, the Centre said the latest figures released by GCEO Bayo Ojulari mark the clearest evidence yet that the company’s push for operational efficiency, transparency and investment expansion is yielding measurable gains.

    In a statement issued on Tuesday in Abuja and signed by CEAR’s Executive Director, Dr. Ibrahim Ahmed, the organisation noted that NNPC’s newly announced profit represents a 64 percent rise from the N3.297 trillion posted in 2023. 

    Revenue also surged by 88 percent to N45.1 trillion, driven by increased production volumes and strengthened downstream reforms.

    CEAR added that the results further validate NNPC’s transformation since becoming a limited liability company, crediting Ojulari’s leadership for stabilising operations, tightening cost controls and restoring investor confidence at a time when global capital is increasingly sensitive to governance standards.

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    “This profit performance is not accidental. It reflects a deliberate, disciplined shift in how NNPC Limited is run—one that prioritises efficiency, transparency and commercial viability. Under Bayo Ojulari’s watch, the company has shown that a national oil company can be profitable, globally competitive and strategically aligned with national development goals,” the statement reads.

    The Centre said the ongoing reforms across the upstream, midstream and downstream sectors are beginning to correct years of inefficiency, vandalism, under-investment and regulatory conflict. 

    Ahmed noted that the financial results align with the Renewed Hope Agenda of President Bola Tinubu, particularly the push for fiscal sustainability and improved sectoral governance.

    While acknowledging the decline in foreign exchange earnings reported in the 2024 statement, the Centre said the shortfall underscores the need for sustained reforms to boost production, expand gas output and deepen value-addition rather than crude export dependency.

    “The path to long-term stability must be investment-led and production-driven. NNPC Limited’s plan to raise crude output to two million barrels per day by 2027 and three million barrels per day by 2030 is the type of ambition the sector requires. Likewise, the move to scale gas production to 12 billion standard cubic feet per day by 2030 shows strategic foresight,” the statement added.

    CEAR also praised the company’s plan to mobilise $60 billion in new investments across the value chain, saying such an expansion will be critical for job creation, revenue growth and anchoring Nigeria’s energy transition.

    “With this performance, NNPC Limited has sent a clear message that Nigeria’s energy sector can work, and work profitably, when guided by clear vision and competent management,” Ahmed said.

    The Centre urged regulators, industry players and political actors to avoid distractions and continue supporting the reforms that are restoring credibility to Nigeria’s petroleum value chain.

  • GETI hails NUPRC, Komolafe for setting global benchmark in NUPRC’s $10bn licensing round

    GETI hails NUPRC, Komolafe for setting global benchmark in NUPRC’s $10bn licensing round

    A UK-based energy watchdog, the Global Energy Transparency Initiative (GETI), has applauded the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and its Chief Executive, Gbenga Komolafe, for introducing world-class transparency standards and investor-friendly reforms in the launch of the 2025 Licensing Round Portal.

    In a statement issued on Tuesday and signed by its Executive Director, Dr. Jonathan Whitfield, GETI described the unveiling of the licensing round, featuring 50 oil and gas blocks across onshore, swamp/shallow water, frontier basins, and deepwater terrain, as a landmark step that aligns Nigeria’s upstream governance with international best practices.

    The commendation comes after Monday’s announcement that the NUPRC portal, br2025.nuprc.gov.ng, has gone live, with the Commission projecting $10 billion in new investments and an additional two billion barrels to Nigeria’s reserves over the next decade.

    GETI also lauded the full digitisation of the licensing process, noting that the public disclosure of bidding procedures and detailed breakdown of available blocks, 15 onshore, 19 shallow water, 15 frontier, and one deepwater, represents one of the most ambitious transparency measures implemented by any African upstream regulator in recent years.

    “Under Engr. Komolafe’s leadership, Nigeria has demonstrated that regulatory openness, clarity, and accountability are not optional but essential to attracting credible investors,” Dr. Whitfield said. 

    “From prequalification and bid submission to evaluation and award, every stage is now transparent, reducing discretion and the opacity that has historically undermined confidence in the sector.”

    GETI also highlighted the licensing round’s projected production potential of 400,000 barrels per day and the emphasis on gas utilisation and job creation, describing it as a “holistic approach to energy governance that balances revenue, competitiveness, and social impact.”

    Read Also: NUPRC targets $10 billion from oil licensing bid round

    “The 2025 Licensing Round is a template for Africa. It demonstrates that transparency and fairness in upstream licensing are key drivers of investment, trust, and long-term sectoral stability,” he added.

    The UK-based think tank urged NUPRC to maintain consistent implementation of the licensing process, including publication of contracts, fiscal terms, and beneficial ownership information, to ensure that transparency extends beyond the bidding stage.

    “The message is clear: strong governance is a competitive advantage. Nigeria is showing that with the right leadership, regulatory credibility can coexist with rapid investment growth,” the statement added.

    GETI’s endorsement positions NUPRC’s 2025 Licensing Round as a benchmark for the African upstream sector, underscoring the importance of investor confidence, digitalisation, and international alignment in modern oil and gas regulation.

  • NERC’s leadership void puts power sector on edge

    NERC’s leadership void puts power sector on edge

    A dangerous leadership vacuum has engulfed the Nigerian Electricity Regulatory Commission (NERC), where the tenure of the Vice Chairman and several Commissioners expires today, compounding a crisis that began in June when the Chairmanship fell vacant. With the Electricity Act 2023 offering no provision for an Acting Chairman, the Commission now risks operating without a legally recognised head—an unprecedented situation stakeholders warn could plunge the already fragile power sector into a full regulatory shutdown, reports Assistant Editor MUYIWA LUCAS.

    A leadership vacuum now grips the Nigerian Electricity Regulatory Commission (NERC) as the tenure of the Vice Chairman and several Commissioners expired yesterday, deepening an institutional crisis that began in June when the Chairmanship position fell vacant. The Electricity Act 2023 does not provide for an Acting Chairman once an incumbent’s tenure lapses, meaning the Commission may, in strict legal terms, operate without a head—an outcome stakeholders warn could trigger a “full regulatory shutdown” in a sector already fraught with instability.

    To avert this, President Bola Tinubu had, in August, nominated Abdullahi Garba Ramat—an engineer and former Local Government Chairman—as substantive Chairman, alongside two Commissioner nominees: Abubakar Yusuf for Consumer Affairs and Dr. Fouad Olayinka Animashun for Finance and Management Services. But the confirmation process has stalled in the Senate. Last month, Senate Committee on Media and Public Affairs Chairman, Senator Yemi Adaramodu, disclosed that the upper chamber halted Ramat’s confirmation due to what he described as a “baggage of public and private complaints” surrounding his nomination. According to him, the Senate was “statutorily bound” to step down any nominee under intense public scrutiny, noting that several appointees before now had withdrawn in similar circumstances. He insisted that the National Assembly could not be “dragged into public opprobrium” through allegations—however unproven—such as the widely circulated but unsubstantiated claim of a $10 million bribery scandal linked to the process.

    Despite this, pressure continues to mount. On November 11, protesters comprising civil society groups, human rights activists, and supporters of Ramat marched to the National Assembly, demanding the Senate fast-track his confirmation. They expressed frustration that although Ramat had already undergone screening by the Senate Committee on Power, led by Senator Enyinnaya Abaribe, he has yet to be cleared for the role—leaving NERC’s leadership uncertainty unresolved.

    Appointment on merit

    Checks revealed that 39-year-old Abdullahi Garba Ramat may possess credentials that suggest potential for modernisation. He holds a Doctoral degree (PhD) in Strategic Management and has earned recognition for introducing blockchain-driven revenue systems and energy-efficiency initiatives during his tenure as Chairman of Ungogo Local Government Area, Kano State. Yet, despite these achievements, many stakeholders insist that his lack of direct power-sector experience stands as a significant drawback—one that could undermine his ability to lead Nigeria’s most sensitive regulatory institution.

    The Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, expressed deep concern over the growing leadership vacuum in NERC. According to him, the electricity sector is already grappling with liquidity crises, widespread metering deficits and persistent operational inefficiencies. In such a fragile environment, a leadership void at the apex regulatory level could stall critical decisions, delay ongoing reforms and further erode investor confidence in a sector in desperate need of stability.

    For Yusuf, the position of NERC Chairman cannot be treated casually or politicised. It requires an individual with deep knowledge of the sector, someone who has acquired technical understanding through years of engagement with electricity market dynamics. This, he stressed, must guide appointments at all levels—government, leadership, management and operations. “The sector has gone through a major transition which needs to be managed strategically and competently by operatives who understand the electricity sector,” he warned. “This is not a sector where the quality of personnel or the quality of governance can be compromised. We need to prioritise prompt appointments to fill vacant positions and build a sustainable succession pipeline within the Commission. These are essential for sound regulatory governance.”

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    Yusuf further emphasised that the electricity industry plays a strategic role in Nigeria’s quest to mobilise private-sector capital, both locally and internationally. Attracting such investments, he noted, demands a regulatory environment that inspires confidence. The calibre of leadership and staff at NERC, therefore, is central to building that trust. He urged the Presidency to critically evaluate all issues surrounding appointments, succession and leadership in the sector. “Nigeria is not short of competent people from every region who can serve effectively. What we must avoid is creating capacity or governance gaps in NERC. This matter requires urgent attention,” he added.

    While political debates continue at the National Assembly over NERC’s nominations, experts argue that the real crisis lies in the failure to appoint a substantive Chairman based strictly on merit. According to a critical stakeholder in the electricity space who requested anonymity, “The uproar in the Senate is a distraction. The real problem is the refusal to elevate people within the system who understand the regulatory environment and have the competence required for the job.”

    Indeed, since NERC’s creation 20 years ago, the Commission has repeatedly appointed individuals with little or no grounding in the electricity sector as chairmen. In most cases, these appointees have had to rely heavily on long-serving technocrats within the Commission to navigate its complex regulatory and market frameworks. This, industry watchers say, undermines regulatory efficiency and slows down reform implementation. This is why many experts insist that promoting seasoned professionals who have grown through the ranks at NERC would provide greater stability, continuity and technical competence. Over the years, however, appointments into NERC’s leadership have tilted more towards political considerations than technical merit—a pattern analysts warn is dangerous for a sector central to Nigeria’s economic survival.

    Even with the comprehensive reforms embedded in the Electricity Act 2023, several economists argue that NERC’s persistent leadership deficiencies remain a key reason for the electricity sector’s recurring failures. Without strong regulatory leadership, they insist, the Act’s intended benefits will remain largely unrealised. The Executive Director of PowerUp Nigeria, a consumer-rights and power-sector advocacy organisation, Adetayo Adegbemle, also expressed worry over the prolonged delay in confirming the Chairman-nominee. According to him, since August—when the President submitted the nominee’s name—the Senate has confirmed several other appointees, yet the NERC nomination remains suspended. “This is a dangerous precedent in a very critical sector,” he warned. “We still do not know whether the nominee will be confirmed or rejected. This uncertainty does not bode well for the health of the power sector.”

    Adegbemle stressed that the indecisive approach of government institutions toward such a sensitive regulatory appointment sends the wrong message to investors. In a sector where confidence and predictability are essential, he said, prolonged political delays can discourage investment and stall development. “This is not the time to play politics,” he cautioned. “We have not made significant progress in the sector, and leadership uncertainty only makes matters worse.”

    Past occupants and status of current Commissioners

    Complicating the ongoing leadership crisis at the Nigerian Electricity Regulatory Commission (NERC) is the sensitive issue of geopolitical balance. A review of historical appointments into the chairmanship shows clear disparities, with several geopolitical zones yet to produce a NERC Chairman in the Commission’s two-decade existence. The North-West has produced Sanusi Garba, who retired in June 2025 after serving as Chairman. The current nominee, Abdullahi Ramat Garba, also hails from the North-West (Kano State), though his confirmation remains stalled in the Senate.

    The South-South has produced two past chairmen — Prof. James Momoh from Edo State and Ransom Owan from Cross River State. The South-East has produced Dr. Sam Amadi from Imo State. However, the South-West, North-Central, and North-East have never produced a chairman. This imbalance has fuelled renewed calls for future leadership selections to reflect federal character and ensure a more equitable distribution of strategic national positions. Beyond the chairmanship vacuum, stakeholders are expressing alarm over emerging patterns of tenure violations among commissioners. Section 36 of the Electricity Act 2023 stipulates that the Chairman shall serve a single five-year term, while Commissioners serve four-year terms, with eligibility for reappointment where applicable. Yet, some commissioners appear to have exceeded these statutory limits — a development that could invalidate regulatory decisions taken during the extended period, should any operator legally challenge them.

    Among those whose tenure expired on December 1 is Dr. Musiliu Oseni (South-West), the Vice Chairman and Commissioner for Market, Competition & Rates, who bowed out after completing a full 10 years in office across two terms. Also leaving the Commission is Hajiya Aisha Mahmud (North-West), the Commissioner for Consumer Affairs, who has now concluded her first term. But the exits are far from over. A fresh wave of tenure expirations looms between now and early 2026, threatening to further thin out the Commission’s leadership bench. Those nearing the end of their terms include: Nathan Rogers Shatti (North-East), Commissioner for Finance & Management, now in his second and final term; Dafe Akpeneye (South-South), Commissioner for Legal, Licensing & Compliance, also rounding off his second and final term; Dr. Yusuf Ali (North-Central), Commissioner for Planning, Research & Strategy, completing his first term; and Engr. Chidi Ike (South-East), Commissioner for Engineering, Performance & Monitoring, likewise finishing his first term.

    The clustering of these expiration dates has amplified fears that the Commission may soon struggle to form a statutory quorum — a legal minimum required to make decisions, issue regulations, approve tariffs, process licences, and carry out other critical regulatory functions. Without timely replacements, stakeholders warn, NERC could be pushed into a state of operational paralysis at a time when the electricity sector can least afford it.

    System threatened?

    As multiple commissioners depart without new appointees confirmed to replace them, experts warn that Nigeria risks breaching the Electricity Act 2023. Crucially, the Act does not allow for acting appointments for these high-level positions, meaning that once vacated, the seats remain empty until fully appointed and confirmed replacements are in place. “This trend can lead to a regulatory shutdown, endangering electricity market operations, tariff reviews, licensing, consumer protection and market settlement,” a stakeholder cautioned.

    Their concerns are grounded in the law. Section 35(1) of the Electricity Act mandates a full board of seven commissioners, appointed by the President and confirmed by the Senate, to constitute the Commission. Section 226 empowers these commissioners collectively to issue regulations and perform all statutory functions. Without the required number of commissioners, regulatory decisions — including crucial processes such as tariff adjustments, dispute resolution, market monitoring, and licensing — risk stalling. Section 33(3) strengthens the Commission’s mandate: “The Commission shall be the apex regulator of the NESI and shall be an independent body in the performance of its functions and exercise of its powers under this Act.” This independence is pivotal to investor confidence, sector governance, and market stability.

    Established under the Electric Power Sector Reform Act of 2005 — now replaced by the Electricity Act 2023 — NERC has long played a central role in Nigeria’s electricity sector. Its responsibilities span licensing participants across the value chain, developing technical standards and operating codes, defining consumer rights and obligations, and setting cost-reflective tariffs under frameworks such as the Multi-Year Tariff Order (MYTO). Over two decades, the Commission has contributed significantly to sector growth by expanding generation and network capacity through licensing, developing market rules, and driving reforms aimed at efficiency and transparency. These achievements have been anchored on rule-based governance and robust stakeholder engagement.

    However, experts warn that the current leadership gaps threaten to erode these gains. Without prompt, merit-based appointments and adherence to tenure provisions, NERC’s institutional progress — built painstakingly over 20 years — could collapse rapidly. The consensus among stakeholders is clear: restoring stability at NERC is not just an administrative necessity but an urgent national priority.

  • Transafam power launches elderly CSR, commits to annual wellness day for host communities

    Transafam power launches elderly CSR, commits to annual wellness day for host communities

    Transafam Power Limited, one of the two power generation businesses of Nigeria’s largest, listed conglomerate Transnational Corporation Plc, has launched the maiden edition of its Corporate Social Responsibility (CSR) for the senior citizens of its host community, Okoloma-Afam, Oyigbo Local Government Area, Rivers State.

    The landmark outreach provided comprehensive medical screenings, wellness education, food, and essential items for the elderly, as well as long-term health monitoring tools to over thirty elderly residents comprising twenty-four women and six men, reinforcing Transafam’s position as a socially responsible corporate citizen deeply invested in the well-being of the communities that host its operations.

    The Managing Director/CEO of Transafam Power Limited, Engr. Vincent Ozoude, while speaking at the event, said:“Today marks the beginning of what will become an annual tradition. As a company that powers nearly one-fifth of Nigeria’s electricity needs alongside our sister company Transcorp Power Plc, we recognise that true progress is measured not only in megawatts but in the lives we touch.

    “Caring for the elders who have built the foundation of this community is both a privilege and a responsibility we take seriously. This initiative is one of many sustained CSR programmes through which Transafam Power continues to give back to its host communities,” he asserted.

    The programme commenced with an interactive health talk by specialist doctors from Avon Medical Practice, focusing on healthy ageing, hypertension management, diabetes prevention and general preventive care. This was followed by free vital signs checks, physician consultations, laboratory investigations where required, and on-the-spot medication dispensing.

    In a move that received widespread applause, every participating senior citizen received a digital blood pressure monitor each, a three-month supply of multivitamins, and a carefully curated package containing food items, toiletries, bedding and other essential household provisions.

    The Elderly Wellness Day forms part of Transafam Power’s broader healthcare-focused CSR pillar and portfolio of other ongoing community development initiatives, such as Waste Management Initiatives, Medical Consultation and job opportunities for the youth.

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    Guests at the event, including community leaders and beneficiaries, praised the initiative for its depth, compassion and meticulous organisation, describing it as “very impactful to the elderly people in Okoloma-Afam.”

    At the event, Transafam Power Limited announced its commitment to making the Elderly Wellness Day an annual flagship event while continuing to expand its portfolio of sustainable impact programmes that improve health outcomes, education, economic empowerment and quality of life for its host communities.