The Nigerian Electricity Regulatory Commission (NERC) is a regulatory body responsible for overseeing the electricity sector in Nigeria. Established by the Electric Power Sector Reform Act of 2005, NERC plays a crucial role in regulating the generation, transmission, distribution, and sale of electricity across the country.

NERC's primary mandate is to ensure the efficient and sustainable delivery of electricity services to consumers while promoting fair competition and protecting the interests of both consumers and investors in the electricity market. The commission sets regulations, standards, and guidelines for the operations of electricity companies, monitors their performance, and enforces compliance with regulatory requirements.

One of NERC's key responsibilities is tariff regulation, which involves setting electricity prices and tariffs to ensure that they are fair, transparent, and reflective of the cost of providing electricity services. NERC also issues licenses to electricity companies, approves investment plans, and resolves disputes within the electricity industry.

In addition to its regulatory functions, NERC is also involved in promoting renewable energy development, promoting energy efficiency, and fostering innovation in the electricity sector. The commission works closely with stakeholders, including government agencies, electricity companies, consumers, and industry associations, to achieve its objectives of improving the reliability, affordability, and sustainability of electricity supply in Nigeria.

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