Salary structure of Nigerian Electricity Regulatory Commission (NERC)
The Nigerian Electricity Regulatory Commission (NERC) is the body entrusted with the task of regulating the electricity industry in Nigeria.
It is responsible for setting tariffs, licensing power generating companies, and promoting competition in the electricity market.
As a regulatory body, it is important to understand the salary structure of NERC to ensure that the organization is sufficiently staffed and able to carry out its mandate effectively.
Listing the Salary Structure of Nigerian Electricity Regulatory Commission
The Nigerian Electricity Regulatory Commission (NERC) has a transparent salary structure that is in line with the civil service salary structure.
NERC staff are categorized based on the grade level of their position, and each grade level attracts a different salary structure.
Below is the salary structure of NERC as of 2021:
• Grade Level 01 – N223, 484 per annum
• Grade Level 02 – N242, 994 per annum
• Grade Level 03 – N252, 204 per annum
• Grade Level 04 – N271, 079 per annum
• Grade Level 05 – N298, 506 per annum
• Grade Level 06 – N382, 976 per annum
• Grade Level 07 – N424, 886 per annum
• Grade Level 08 – N486, 097 per annum
• Grade Level 09 – N553, 257 per annum
• Grade Level 10 – N638, 133 per annum
• Grade Level 12 – N777, 984 per annum
• Grade Level 13 – N1, 074, 785 per annum
• Grade Level 14 – N1, 239, 455 per annum
• Grade Level 15 – N1, 414, 201 per annum
• Grade Level 16 – N2, 021, 191 per annum
FAQs
Are there other allowances aside from the basic salary?
Yes, NERC staff members receive several allowances including transport, housing, and medical allowances.
How often do staff members receive a promotion?
Promotions at NERC are based on merit and performance, and staff members are eligible for promotion every three to four years.
