Musiliu Oseni NERC board confirmed as chairman as President Tinubu urges deep reforms in Nigeria’s power sector under the Electricity Act 2023
President Bola Tinubu has reconstituted the Nigerian Electricity Regulatory Commission (NERC) board, appointing Musiliu Oseni as chairman, following Senate confirmation of all members.
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Presidential spokesman Bayo Onanuga confirmed the appointments on Thursday.
Oseni, who began his service as a NERC Commissioner in January 2017 and later became Vice Chairman, officially assumed the chairmanship on 1 December 2025.
His tenure will last until the completion of the commission’s statutory ten-year term under the Electricity Act, 2023.
The board’s vice chairman is Yusuf Ali, first appointed Commissioner in February 2022, whose vice chairmanship also commenced on 1 December 2025 and will remain until the completion of his first term.
Other board members include Nathan Shatti and Dafe Akpeneye, both serving their second terms as commissioners after initial appointments in January 2017.
Aisha Bello, also in her second term, first joined the commission in December 2020, while Chidi Ike returns for a second stint following his initial appointment in February 2022.
Fouad Animashaun joins the board for his first term, bringing experience as an energy economist and former Chief Executive Officer of the Lagos State Electricity Regulatory Commission.
President Tinubu urged the reconstituted board to deepen and consolidate the ongoing transformation of Nigeria’s power sector, stressing strict adherence to both the letter and spirit of the Electricity Act, 2023.
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The presidency described the appointments as a key step towards ensuring regulatory stability and enhancing the efficiency of the nation’s electricity market.
Fresh concerns have emerged over compliance with a court order issued by the High Court of Kano State on April 8, 2026, restraining key parties—including the Honourable Minister of Education, the Kano State Ministry of Land and Physical Planning, the Kano State Urban Development Authority, and Pluck Global Company Limited—from further actions pending the determination of the matter before the court.
Findings indicate that while all parties—except the concessionaire, Pluck Global Company Limited—were duly served within two days of the order, significant challenges were encountered in effecting service on the company, raising troubling questions about its corporate traceability and regulatory vetting.
A review of the company’s records filed with the Corporate Affairs Commission (CAC) revealed addresses that could not be verified as functional business locations. Notably, documentation submitted to Federal Government College (FGC), Kano, dated June 20, 2024, listed two addresses: 8B, Lalupon Street, off Keffi Street, off Awolowo Road, Ikoyi, Lagos, as its head office, and 3 Bargery Road, Bompai, Kano, as its branch office.
However, a physical visit to the Ikoyi address revealed that the entire property is occupied by a company identified as Golden Alchemy, whose staff категорically denied any knowledge of, or shared occupancy with, Pluck Global Company Limited.
Efforts to trace the Kano address yielded even more unsettling findings. The location—a locked duplex—showed no visible signs of commercial activity. Neighbours, while reluctant to speak on record, alluded to irregular movements at odd hours, casting further doubt on the legitimacy of the premises as a corporate office.
In a twist, after multiple attempts to establish contact, an individual purportedly representing the company surfaced in Kano and agreed to receive and acknowledge the court order on April 11, 2026, at approximately 6:00 pm. Curiously, the Ikoyi address—already discredited—was again listed as the company’s official address in the acknowledgment.
These developments raise critical questions regarding due diligence and Know Your Customer (KYC) protocols on the part of the Federal Ministry of Education. They also cast a spotlight on the Infrastructure Concession Regulatory Commission (ICRC), should a concession agreement indeed have been executed with the company. Stakeholders say it would be instructive to review the addresses contained in all official correspondences and contractual documents linked to the transaction.
Meanwhile, a visit to the premises of Federal Government College, Kano, revealed ongoing construction activity, with workers observed excavating foundations. When approached, the workers declined to disclose the authority under which they were operating—despite the subsistence of a court order restraining further action.
Notably, a previously installed project billboard bearing the insignia of the school authorities and the Federal Ministry of Education had been removed. Sources within the institution suggest that the directive for its removal may have emanated from the Ministry following receipt of the court order.
The unfolding situation presents a complex mix of legal, regulatory, and accountability issues—raising the spectre of possible non-compliance with judicial directives, as well as deeper concerns about transparency in public-private concession arrangements.
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