Lagos — The Nigerian Electricity Regulatory Commission, NERC has approved the reappointment of a twelve-member dispute resolution panel for the Nigerian Electricity Supply Industry, NESI.
A statement by the Commission on Tuesday said the appointment of the members is in line with Section 42.1.3 of the Market Rules, which empowers NERC to constitute the panel and Section 42.3.8(c) of the same Rules on the reappointment of members for a second term.
Functions of the panel, as spelt out in Section 42.3.7 of the Rules, include the arbitration and settlement of disputes between market participants in NESI.
The System Operator, SO, the Market Operator, MO, and others engaged in the trading of electricity are the participants.
4. While reconstituting the dispute resolution panel, NERC advised market participants to take advantage of the channel of alternative dispute resolution for the resolution of disputes in the industry in line with the provisions of the market rules.
Members of the reconstituted panel are Olufunmilayo A. Roberts, Adeyemi Akisanya, Augustine Mamedu, Adeyemi A. Oyedele, Hussaini Mohammed, Okechukwu J. Chiazor.
Others are Ajagbe E. Oyetunde, Onagoruwa Bolanle, Ezekiel Osarieme, Batholomew C. Onyejekwe, Nnena Ejekam, and Sadiku Folorunsho.