The Nigerian Electricity Regulatory Commission (NERC) has reappointed a twelve (12) member Dispute Resolution Panel for the Nigerian Electricity Supply Industry.
A statement issued by the Commission said the decision was in line with Section 42.1.3 of the Market Rules, which empowers the Commission to constitute the Panel and Section 42.3.8(c) of the Market Rule that permits the reappointment of members for a second term.
The functions of the panel, as spelt out in Section 42.3.7 of the Market Rules, include the arbitration and settlement of disputes between market participants in the Nigerian electricity market, which include the System Operator (SO), the Market Operator (MO), and other licensees engaged in the trading of electricity.
While reconstituting the dispute resolution panel, the Commission advised market participants to take advantage of the channel of alternative dispute resolution for the resolution of disputes in the electricity 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, Ajagbe E. Oyetunde, Onagoruwa Bolanle, Ezekiel Osarieme, Batholomew C. Onyejekwe, Nnena Ejekam, and Sadiku Folorunsho.