The Lagos State Electricity Regulatory Commission has started a process of understudying the Nigerian Electricity Regulatory Commission to strengthen electricity market regulation in Lagos State.
The development was disclosed in a statement released by the Nigerian Electricity Regulatory Commission on February 6, 2026.
The announcement followed a courtesy visit by board members of the Lagos State Electricity Regulatory Commission and the Lagos State Independent System Operator to NERC.
The delegation was led by the Lagos State Commissioner for Energy and Mineral Resources, Mr Biodun Ogunleye, who reiterated the Lagos State Government’s commitment to expanding energy access.
Mr Ogunleye said Lagos aims to position its regulatory body as a model for electricity regulation in other states.
LASERC is responsible for regulating the electricity market in Lagos State. The Lagos State Independent System Operator oversees trade point meters and bulk electricity measurements to ensure accurate accounting of energy sold within the state.
The Chairman of LASERC, Mr Akinwunmi Ogunbiyi, and the Chief Executive Officer, Mrs Temitope George, expressed their commitment to working closely with NERC.
They said the engagement will deepen their understanding of electricity market regulation and promote the adoption of global best practices in Lagos.
NERC Chairman, Dr Musiliu Oseni, welcomed the delegation and emphasised the strategic importance of the power sector.
He urged LASERC and LISO officials to use the engagement to build a strong subnational electricity market. Dr Oseni also highlighted the need for fairness and continuous learning.
Other NERC officials at the meeting included the Commissioner for Corporate Services, Mr Nathan Shatti, who stressed the importance of continuous learning and collaboration across the sector.
The Commissioner for Research and Data Analytics, Mr Animashaun Fouad, encouraged proactive stakeholder engagement to rebuild consumer confidence in the state’s power market.
The NERC Commissioner for Stakeholder Management, Mrs Aisha Mahmud, advised LASERC to use NERC’s Customer Protection Regulations for customer education, complaint resolution, and strengthening the emerging multi‑tier electricity market.
LASERC is among a few state electricity regulators that have fully taken on regulatory oversight of their markets from NERC under the Electricity Act.
The newly constituted LASERC board includes experts tasked with leadership in electricity generation, distribution, supply, licensing, market operations, and consumer protection in Lagos.
