The Lagos State Electricity Regulatory Commission (LASERC) has begun understudying the Nigerian Electricity Regulatory Commission (NERC) as part of efforts to strengthen electricity market regulation in Lagos State, the agencies said on Friday.
The development was disclosed in a statement released by NERC after a courtesy visit by board members of LASERC and the Lagos State Independent System Operator (LISO) to the federal regulator’s headquarters.
The delegation was led by the Lagos State Commissioner for Energy and Mineral Resources, Mr Biodun Ogunleye, who reaffirmed the state government’s commitment to expanding energy access and positioning LASERC as a model electricity regulator for other states.
Ogunleye said LASERC is responsible for regulating the electricity market within Lagos State. He said the LISO oversees the operation of trade‑point meters and bulk electricity measurements to ensure energy sold within the state is properly accounted for.
Representing LASERC, its Chairman, Mr Akinwunmi Ogunbiyi, and Chief Executive Officer, Mrs Temitope George, said they remain committed to working closely with NERC.
They said understudying NERC’s practices will help deepen their understanding of electricity market regulation and apply global best practices in Lagos.
The Chairman of NERC, Dr Musiliu Oseni, welcomed the Lagos delegation. He emphasised the strategic importance of the power sector and encouraged LASERC and LISO officials to use the engagement to build a strong subnational electricity market.
Dr Oseni highlighted the need for fairness, objectivity and continuous learning in regulation. He affirmed NERC’s readiness to collaborate with state regulators and share knowledge to support efforts toward universal electricity access.
Other NERC officials also spoke at the engagement. The Commissioner for Corporate Services, Mr Nathan Shatti, stressed the importance of continuous learning and collaboration across the sector.
The Commissioner for Research and Data Analytics, Mr Animashaun Fouad, encouraged the Lagos team to engage stakeholders to rebuild consumer confidence in the state’s power market.
The Commissioner for Stakeholder Management, Mrs Aisha Mahmud, advised LASERC to use NERC’s customer protection regulations as a framework for consumer education, complaint resolution and market strengthening.
Under the Electricity Act 2023 (Amended), state regulators like LASERC can assume regulatory oversight of intrastate electricity markets from NERC.
Lagos is among the states that have taken such authority, reflecting a broader trend of decentralised electricity regulation in Nigeria’s power sector.
