Vice President Kashim Shettima has inaugurated the board of the Nigerian Independent System Operator (NISO) Limited at the State House, Abuja, marking a pivotal step in the federal government’s effort to restructure and strengthen Nigeria’s electricity sector in line with the Electricity Act 2023.
The 11-member board, chaired by legal and financial expert Dr. Adesegun Akin-Olugbade, is tasked with overseeing the operational and market independence of NISO, which will now manage critical aspects of Nigeria’s electricity supply chain, including grid stability, system operations, power dispatch, and market coordination.
Other members of the board include Engr. Abdu Mohammed (Managing Director), Engr. Nafisatu Ali (Executive Director, System Operation), Engr. Shehu Abba-Aliyu (Executive Director, System Planning), Dr. Edmund Eje (Executive Director, Market Operation), and Babajide Ibironke (Executive Director, Finance and Corporate Services).
Non-executive directors include Engr. Lamu Audu, Folake Soetan, Tajudeen Giwa-Osagie, Mahmud Mamman (Permanent Secretary, Federal Ministry of Power), and Engr. Sule Abdulaziz (MD/CEO, Transmission Company of Nigeria).