Dr. Musiliu Olalekan Oseni currently serves as Chairman of the Nigerian Electricity Regulatory Commission (“NERC”), leading Nigeria’s electricity market through a period of structural reform and regulatory transformation. Appointed Chairman on December 1, 2025, he brings nearly two decades of combined high-level regulatory and academic experience and a distinguished global background in energy economics to the strategic oversight of the Commission. Under his leadership, NERC advances a technically sound and economically efficient electricity market — one that balances investor confidence with robust consumer protection. His approach is grounded in evidence-based policy, market discipline, and long-term sector sustainability.

Regulatory Leadership

Dr. Oseni joined the Commission in January 2017, beginning a tenure defined by institutional stability and analytical rigor. He previously served as:

• Commissioner for Planning, Research and Strategy
• Vice Chairman and Commissioner for Market Competition and Rates

In these roles, he crafted the Commission’s strategic plan, initiated data gathering reform processes and led the development of economic and tariff frameworks that strengthened market viability while safeguarding consumers. He also oversaw the strategic transition of the Market Competition and Rates Division into the Economic Regulation Division in August 2025 — reinforcing NERC’s data-driven regulatory architecture. As Chairman, Dr. Oseni now guides the Commission’s governance, regulatory direction, and institutional modernisation agenda.

Global Research & Industry Expertise

Before transitioning fully into regulatory leadership, Dr. Oseni built an internationally recognised career in energy research and advisory work:

• Research Associate in Economics and Finance of the Built Environment at University College London
• Researcher at the Energy Policy Research Group, University of Cambridge
• Consultant on major energy-sector projects for the World Bank

His consulting and academic work has focused on behavioural economics, energy market design, tariff structures, and sector reform across developing and advanced economies. He remains actively engaged in global scholarship and has had his research appear in leading peer-reviewed energy journals including but not limited to The Energy Journal, Energy Economics, Energy Policy, and Renewable & Sustainable Energy Reviews. His areas of specialisation include:

• Energy access and affordability
• Energy pricing and willingness to pay
• Security of supply and quality of service
• Demand-side management
• Academic Excellence

Dr. Oseni’s regulatory philosophy is anchored in rigorous academic training:

• PhD in Business/Energy Economics — University of Cambridge
• M.Sc. in Energy Economics and Policy (Distinction) — University of Surrey
• B.Sc. in Economics (First Class) — University of Ibadan

Strategic Vision

Dr. Oseni’s leadership reflects a rare blend of academic excellence, market design expertise, and practical regulatory experience. As Chairman of NERC, he is committed to building a resilient electricity sector that supports economic growth, protects consumers, and strengthens Nigeria’s energy future.