On 14 July 2025, the Nigerian Electricity Commission (NERC or the Commission) published its 2024 Annual Report ( the Report) on the Nigerian Electricity Supply Industry (NESI) pursuant to Section 56(1) of the Electricity Act 2023, which requires the Commission to keep proper books of account and related records for all activities, funds, and property, as well as any additional accounts or records the Minister may require.
In this Fast Facts series, we summarise the Report to enable our readers who may not review the full document to stay updated on developments in the NESI.
