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NERC seeks investors to boost electricity supply

The Nigerian Electricity Regulatory Commission has urged investors to take advantage of existing regulatory frameworks to finance large-scale projects and improve electricity supply across the country.

The commission said the regulatory environment offered opportunities for bankable and sustainable investments as the Federal Government pushes to expand generation capacity and improve access to reliable power for homes and businesses.

The Chairman of NERC, Dr Musiliu Oseni, made the call through the commission’s Director of Economic Regulation, Abba Terab, during a panel session at the 32nd Nigerian Economic Summit in Abuja.

According to a statement posted on NERC’s official X handle on Thursday, the discussion focused on the theme, “Power Growth: Reliable Electricity for Industry and Prosperity”.

The statement read, “The Nigerian Electricity Regulatory Commission has called on investors to take advantage of existing regulatory frameworks to drive large-scale investments capable of improving electricity supply across the country.”

Terab said the commission

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