President Bola Tinubu has appointed the board members for the newly established Nigerian Independent System Operator (NISO) to help improve Nigeria’s power sector. Dr. Adesegun Olugbade was named as the Chairman of the board, while Abdu Bello was appointed as the Managing Director. The role of an Independent System Operator is to manage, monitor, and control the operations of the country’s power system, in collaboration with the Transmission Company of Nigeria (TCN).
In addition to the key appointments, Tinubu selected four Executive Directors to oversee crucial areas of the operator. These include Nafisatu Ali for Systems Operation, Shehu Abba-Aliyu for Systems Planning, Dr. Edmund Eje for Market Operations, and Mr. Babajide Ibironke for Finance and Corporate Services. The appointments are aimed at ensuring effective governance and management of the country’s electricity market.
The board also includes several Non-Executive Directors, such as Lamu Audu for Generation, Mrs. Folake Soetan for Distribution, Mr. Tajudeen Giwa-Osagie as Market Expert, Sule Abdulaziz for Transmission, and Mahmuda Mamman, the Permanent Secretary at the Federal Ministry of Power. These appointments were disclosed by the Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, in a statement issued on March 19, 2025.
The establishment of NISO is a key step in Nigeria’s ongoing power sector reform, as mandated by the Electricity Act of 2023. It follows the unbundling of the Transmission Company of Nigeria (TCN), which is split into a Transmission System Provider and an Independent System Operator. The recruitment process, led by the Independent Board Nomination Committee and Phillips Consulting Limited, ensures that the appointments align with the objectives of the Act, aiming to enhance the efficiency and sustainability of Nigeria’s electricity system.
source: punch