The Nigerian Electricity Regulatory Commission (NERC) has approved the re-appointment of a 12-member Dispute Resolution Panel for the Nigerian Electricity Supply Industry (NESI)
NERC in a tweet on Monday said the appointment of the members was 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 re-appointment of members for a second term.
Members of the re-constituted 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.
Functions of the panel, as spelt out in Section 42.3.7 of the Rules, include the arbitration & 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.
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.
