The Nigerian Electricity Regulatory Commission (NERC) has renewed push for stricter adherence to industry rules, warning stakeholders that non-compliance would not be tolerated.
NERC, during its Compliance Peer Review Meetings held in Abuja, stressed that it has zero tolerance for non-compliance with regulations, and would enforce regulatory standards among licensees in the Nigerian Electricity Supply Industry (NESI).
The meeting brought together regulatory and compliance officers from across the electricity value chain to assess how well licensees in the NESI are meeting their obligations. The session was chaired by NERC Commissioner for Legal, Licensing and Compliance, Dafe Akpeneye.
Participants drawn from Generation Companies (GenCos), Distribution Companies (DisCos), the Transmission Company of Nigeria (TCN), the Nigerian Independent System Operator (NISO), the Nigerian Bulk Electricity Trading Plc (NBET), and other industry stakeholders used the forum to benchmark performance, share compliance records, and identify areas requiring urgent attention.
Among the issues on the agenda were the overall compliance scorecards of NESI licensees, progress on metering across the industry, and the status of health and safety report submissions from December to date.
Discussions also covered market obligations, reporting requirements from on-grid licensees to NISO, and the integration of Artificial Intelligence (AI) into regulatory and operational compliance processes.
Performance reviews and peer comparisons among compliance officers were also featured, designed to drive continuous improvement across the board.
The Compliance Peer Review Meeting is a routine fixture in NERC’s regulatory calendar, intended to keep industry players accountable and maintain transparency across the electricity supply chain.
