NERC Annual Report & Accounts is prepared in compliance with section 56 (1) of the Electricity Act 2023, which mandates the Commission to keep proper accounts and other records relating to such accounts in respect of all the Commission’s activities, funds and property, including such particular account and records as the Minister may require. The report presents the Commission’s regulatory and corporate activities, audited financial statements and analyses of the state of the Nigerian Electricity Supply Industry (NESI) covering operational, technical and commercial performances as well as consumer affairs. The Commission presents this report to a wide spectrum of stakeholders including financial and market analysts, potential investors, government institutions and the private sector.