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NIGERIA
Nigerian Electricity Regulatory Commission
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country map
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| Key Statistics (2010) |
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Population
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140,4 millions
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GDP/Capita
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USD 19 059 (estimated)
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Generation
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Thermal plants: 76%
Hydro: 24%
3,462.7 MW
Installed capacity 8,710.4 MW
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Electricity Market Size
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21,230,162 MWh/year (2008)
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Surplus Installed Capacity Over Demand (MW)
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None. Nigeria presently do not generate enough capacity to meet our demand with a shortfall of almost 50%
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Net Electricity Exporter
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120MW
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Average Residential Electricity Price (in ¢ for Q2 and Q4 2003 )
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7 US cents
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Natural Gas Imported
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n/a
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Natural Gas Consumed
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n/a
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Number of Gas-Fired Power Plants
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9
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Average Residential National Gas Price ($/GJ for Q2 and Q4 2003 )
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n/a
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| Summary |
- The Nigerian Electricity Regulatory Commission was established in 2005, following the Electric Power Sector Reform Act, 2005
- Number of employees: 109
- The Ministry of Power is responsible for policy formulation. The Commission however reports to the President and the National Assembly.
- NERC is financed by:license application and regulation fees.
- Governance (Board of Commissioners):
NERC has a Board of 7 Commissioners one of whom is Chairman and Chief Executive Officer. They are appointed for an initial term of four years with an option to renew for another 4 years and no more. They are nominated for appointment by the President but their nomination must be approved by the National Assembly (The Parliament).
- Responsibilities:
Electricity Regulation(issue licenses and permits, establish tariffs, promote competition, establish and approve operating codes to ensure service supply quality, establish appropriate consumer rights and obligations, monitor the operation of the electricity market, protect grid stability, organize activities promoting the conservation of energy and renewable energy initiatives etc.)
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| Industry and Market Structure |
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NERC currently regulates 6 Government owned generation companies, one transmission company and 11 Government owned Distribution utilities. NERC has also issued 2 Distribution licenses to IPPs as well as 24 Generation IPP licenses. One of the private distribution companies is in operation while 9 of the generation IPPs are also fully operational. The Federal Government intends to divest its ownership of the 6 generating and 11 Distribution companies in line with the electricity sector reform programme. No date has been fixed for the divestment.
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| Current Energy Issues |
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| Contact |
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Nigerian Electricity Regulatory Commission
Adamawa Plaza, Plot 1099 First Avenue, Central Business District
Abuja, Nigeria
Telephone: +234 803 314 1578
www.nercng.org
Email: uabbaarabi{.}nercng.org
usmanabbaarabi{.}yahoo.com
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