# NATIONAL ENERGY

# COMPACT FOR THE

# FEDERAL REPUBLIC OF

# NIGERIA

* * *

Preamble

The Federal Republic of Nigeria’s National Energy Compact, aligned with its National
Electrification Strategy and Implementation Plan under preparation and the UN
Sustainable Development Goal 7 (SDG7), serves as a roadmap for accelerating the pace
of access to energy towards ensuring affordable, reliable, inclusive, sustainable, and
clean energy for the Nigerian people.

Ÿ Nigeria is the most populous country and
the second largest economy in Sub-
Saharan Africa. It is endowed with vast
fossil fuel (crude oil and natural gas) and
renewable energy resources, especially
hydroelectric and solar, and a vibrant
private sector, giving Nigeria a unique
opportunity to redefine energy access for
millions. This National Energy Compact
for Nigeria aims to accelerate the pace of
access to electricity from 4 percent to 9
percent per annum and the pace of
access to clean cooking from 22 percent
to 25 percent per annum to achieve
universal access by 2030. Nigeria is also
committed to increasing the renewable
energy share in the generation mix from
22 percent to 50 percent. The private
sector will need to play an increasingly
critical role towards meeting these
targets, and Nigeria aims to mobilize
US$15.5 billion in private investment for
last mile electrification.

embracing distributed renewable energy
(DRE) and clean cooking solutions for
affordable last mile access; and (e)
leveraging the benefits of increased
regional integration.

Ÿ Recognizing that success requires
collective effort, the Federal Government
of Nigeria calls upon development
partners, philanthropies, the private
sector, and civil society to join this
transformative journey in accelerating
the pace of access to energy and help in
mobilizing US$23.2 billion in financing
needed for last mile electrification,
including US$15.5 billion from the private
sector. The Federal Government of
Nigeria is committed to implementing the
action plan included in the Compact to
address the bottlenecks across the
energy value chain to help in mobilizing
the needed financing that will help
provisioning of reliable, affordable,
inclusive, sustainable, and clean energy
and contribute to economic growth and
development of the country and the
region.

* * *

Contents

1. DECLARATION OF COMMITMENT
   1.1 Compact Targets and Action Plan
2. ENERGY SECTOR OVERVIEW AND CHALLENGES
   2.1 Energy Sector Overview
   2.2 Current Status and Challenges
   ANNEX I ONGOING AND COMMITTED PROJECTS
   ANNEX II METRIC OF KEY INDICATORS

3
6
ENERGY SECTOR OVERVIEW AND CHALLENGES 12
13
15
ONGOING AND COMMITTED PROJECTS 19
22

* * *

## Declaration of Commitment

* * *

The Federal Government of Nigeria (FGN) is
committed to providing reliable, affordable and
sustainable electricity to all of Nigeria’s unelectrified
population by 2030. Universal access will require an
investment of over US$23 billion (only for last-mile
access), including contributions from the public and
private sectors and from end-users of electricity.

While ubiquitous, reliable and affordable grid power may
be a logical end-state for universal access, with the
inability of distribution companies (DISCOs) to rapidly
extend the grid, distributed renewable energy (DRE) offers
an immediate pathway to electrification for more than 60
1
million Nigerians on a least-cost basis. This includes
people located predominantly in dense urban areas
further from existing grid infrastructure that could be best
connected via mini grids, which are often the least- cost
solution in the North of the country, and people in mostly
sparse rural a nd remote areas could best be connected
via standalone solar (SAS) solutions. Tier 1 and 2 access
through SAS systems, while bringing much- needed
fiimmediate and basic electri cation, should not be the end
goal but an intermediate transition to higher incomes and
hence consumption at Tiers 3-5, justifying migrations to a
mini-grid/grid and requiring further investments over
time.

The Federal Government of Nigeria (FGN) is
committed to transforming the energy landscape and
accelerating the pace of energy access towards the
provisioning of reliable, affordable, inclusive,
sustainable and clean energy to the Nigerian people
that will be the catalyst for social, economic and
environmental progress of the country. To this end, the
Government aims to:

Ÿ Increase the pace of access to electricity to 9 percent
annually, up from the recent trajectory of 5 percent
per annum, to reach universal access to electricity by
2030, up from the electricity access rate of 61 percent
in 2022
Ÿ Increase the pace of access to clean cooking to 25

To achieve these targets, we declare our commitment to
take action to address the bottlenecks across the energy
value chain as outlined in the Action Plan included in this
National Energy Compact. In particular, the Federal
Government of Nigeria is committed to:

Ÿ Increase the pace of access to clean cooking to 25
percent annually from the recent trajectory of 22

percent per annum to achieve universal access to
clean cooking by 2030, providing access to clean
cooking to 227 million people and particularly
benefiting women and marginalized communities
Ÿ Increase the current share of renewable energy in the

Ÿ Create an enabling environment for private sector
participation in the energy sector to mobilize no less
than US$15.5 billion of private capital.

Ensuring that grid generation and transmission
expansion is based on least cost planning and through
competitive procurement

Electricity Policy (2025) Approval of National Integrated
Electricity Policy and Strategic Implementation Plan (“NIEP-
SIP”) in consultation with relevant stakeholders by 2025 to
clarify the role of federal vs states, the role of different
generation sources, sector institutions, including
distribution, market creation etc. 2025

1. Least-Cost Planning and Integrated Resource Plan

   (IRP) (2025)

– Systematization of least-cost grid generation and
transmission expansion planning in line with FGN’s
policies on the use of indigenous resources,
environment, NDCs and others
– Timely implementation of resulting projects

– Timely implementation of resulting projects
through a transparent bidding process between
developers (generators and transmission
companies) and financially viable distribution
companies.

2. Building Skills in the sector (2025)

– Building on the NIEP, the SIP will detail actionable
strategies to strengthen capacity development
across the electricity sector. This will include
leveraging the expertise and resources of the
National Power Training Institute of Nigeria
(NAPTIN) to provide comprehensive training
programs, foster technical expertise, and develop
the next generation of skilled professionals.

– In order to decrease the regressivity of electricity
subsidies, move towards a full cost reflective tariff
system which includes a limited and uniform
subsidy for all customers in 2025 while the
metering gap is being closed. This scheme can take
the form of a uniform monthly subsidy per
customer, or the first 50 kWh per month being
subsidized.

Financially Viable Utilities

1. Transition to financially viable utilities (Decrease
   regressivity of electricity subsidies and
   progressively phase out)

1
WB/SEforALL 2023. Nigeria Integrated Energy Plan Refresh.

* * *

– Move towards a full cost reflective scheme with a
social tariff to protect low (vulnerable) consumers
based on their social affordability not later than
2027.

2. Closing the metering gap (2024-2027)

Ÿ Eliminating the 7 million electricity end users’ metering
gap to diminish losses, increase collection, and adopt
cost reflective tariffs for all customers except for low
(vulnerable) consumers. This will be done by installing
1.5 million smart meters in 2025, 4 million in 2026, and
1.5 million in 2027.

3. Regulatory intervention of distribution companies

Ÿ Implement firm regulatory intervention of distribution
companies (DisCos) failing to comply with core
obligations in their license contracts (full payments to
energy suppliers and TCN, implementation of PIPs,
etc.) by the end of 2025.

Private Sector Participation

1. Setting up a project preparation and financing facility
   by 2025 to drive pre financial close to post
   construction human capital and financing needs

2. Long-term local currency capital deployed in DRE ($100

3. Securing funding to expand gas infrastructure and
   transportation networks, ensuring a reliable gas supply
   to thermal power plants.

4. Facilitating the development of innovative business

5. Facilitating the development of innovative business
   models and the provision of funding opportunities to
   enhance transmission network infrastructure.

6. Regulatory improvements for accelerating pace of
   electrification and attracting private investment.

7. National Electrification Strategy (2025)


– Integrated resource plan approved by 2025 with a
specific procurement policy for procuring new
generation competitively in line with IRP

– A National Electrification Strategy and
Implementation Plan (NESIP) defining access,
approach to universal electrification (technical,
business models), and its roadmap including
institutional roles and financing – to ensure it
reflects the key objectives of the Ministry of Power.
– Decide on grid-based access methodology in line

– Licensing limits (provision of increase from 1 MW
and above for either mini-grids or creating new
asset class in line with regulations and with
technical requirements compliant with grid code
for interconnection with the grid in future) by 2025
– Streamlined processing of registration, licensing,

– Streamlined processing of registration, licensing,
and tariff applications (batch processing) by 2025
– Standardized contract management and dispute

– Standardized contract management and dispute
resolution (tri-partite arrangements in urban gridconnected projects involving consumers,
RESCOs/developers and DISCOs, termination
conditions, consumer rights) by 2025

Regional Integration

1. Synchronization of West African Grids with Nigeria
   interconnected.

To achieve its targets and implement the actions and
commitments outlined in this National Energy
Compact, the Government is committed to
strengthening the institutional and governance
capacities of the electricity sector. The Government
commits to identify the human resource and capacity
building needs across the sector to achieve the targets
and prepare a capacity development plan to address
these gaps in the short, medium and long term.

The Government undertakes to ensure rigorous and
transparent monitoring of the National Energy
Compact through a structured M&E framework including

transparent monitoring of the National Energy
Compact through a structured M&E framework including
a detailed geographic information system. Emphasis will
be placed on institutional capacity-building, the active
participation of local communities and the use of
information and communication technologies. The Federal
Ministry of Power, supported by relevant stakeholders,
will lead data collection, and regular feedback will help
adjust policies and targets as needed. Monitoring efforts
will be integrated into the program budget to ensure
alignment with national and international energy goals.

CALL FOR PARTNERSHIP
The Government calls on the development partners,

* * *

Funding needs from the public and private sectors by 2030 \[US$ Million\]

|  | Generation | Transmission | Distribution(including last mile) | Off-grid(including last mile) | Clean cooking | Total |
| --- | --- | --- | --- | --- | --- | --- |
| Public | 3,000 | 5,300 | 3,400 | 4,300 | 1,200 | 17,200 |
| Private | TBD | TBD | 5,100 | 10,500 | TBD | 15,500 |
| Total | 3,000 | 5,300 | 8,500 | 14,800 | 1,200 | 32,700 |

1.1

Compact Targets and Action Plan

| Trajectory target | Current Annual Pace Between 2017 and 2021 | Targeted pace between 2024 and 2030 |
| --- | --- | --- |
| Increase Access to Electricity | 5% p.a. | 9% p.a. |
| Increase Access to Clean Cooking | 22% p.a. | 25% p.a. |

- Note: For access to electricity, only direct connections, and not inferred or indirect connections, are to be targeted.
  Improved cookstoves should be counted as access to clean cooking.

|  | Current Share Renewable Energy in Fuel Mix | Target by 2030 |
| --- | --- | --- |
| Increase share of Renewable Energy | 22% (Hydro) | 50%(including hydro) |

|  | Baseline | Target by 2030 |
| --- | --- | --- |
| Amount of Private Capital Mobilized | 0 | $15.5 billion(of the total $23.2 billion needed for last mile electrification. This does not include investment in other parts of the energy sector value chain) |

- Note: Private sector investment across the sector value chain (generation, transmission, and distribution, and off-grid
  access, as appropriate) should be targeted

* * *

| Pillar | Indicator | Baseline Data (2024) | Target Year & detailing the action needed to achieve goal (including timeline) |
| --- | --- | --- | --- |
| I: Generation Expansion & Cost Reduction | Integrated Least Cost Power System Planning adopted incorporating regional resources | No | • Electricity Policy(2025)Approval of National Integrated Electricity Policy and Strategic Implementation Plan(NIEP-SIP)in consultation with relevant stakeholders by 2025 to clarify the role of federal vs states,role of different generation sources,sector institutions including distribution,market creation etc.2025) |
| • In line with the new Electricity Act(2023),States could create their own energy policy in line with the national one.The national regulator,NERC should collaborate with State governments to develop an action plan to guide the transfer of responsibilities to State regulators |  |  |  |
| • Least Cost Planning and Integrated Resource Plan(IRP)(2026) |  |  |  |

```
- The regulator institutionalizes arrangements and defines processes for the systematic update of the 5-year horizon least-cost power development plan(LCPDP)by 2026.
- The regulator institutionalizes the Integrated Resource Plan as a roadmap to implement the LCPDP by 2027,with the IRP now ready to guide the sector's development.
- States should develop and operationalize Integrated Resource Plans(IRPs)or at least conduct realistic demand studies(pending the completion of their IRPs)as a recommended starting point for the state market.
- Demand studies and IRPs should serve as the foundation for procuring generation capacities.Licensed suppliers and investors will have access to these plans to align their investments appropriately.
- Regulator to approve LCPDP-a precursor to the IRP-by 2026,with the IRP already prepared and ready for implementation.
- Demand studies and IRPs should be the basis for procuring generation capacities and generators and licensed suppliers and investors should have access to these plans to align their investments appropriately.Regulator to approve LCPDP-a precursor to the IRP by 2026. |  |  |  |
```

\| • Improved transmission grid network functioning and governance(2025-2028)
\- NERC Approval of an Action Plan roadmap for unbundling of Transmission Company of Nigeria(TCN)into i)An Independent System Operator(ISO)和ii)Transmission Service Providers(TSP)by 2025(AFDB and WB)
\- NERC completes the MYTO Extraordinary Review and issues a new MYTO for the period 2024-2026 for TCN,redefining allowances on CAPEX,OPEX,and losses consistent with the PIP. \| \| \| \|
\| • Energy Transition(2025)
\- Review the NDCs and the ETP to ensure alignment with evolving global climate commitments and the country's sustainable energy goals.
\- Prepare a Gas Master Plan and gas flaring policy consistent with Nigeria's 2060 net zero targets as provided by the energy transition plan and the NDCs. \| \| \| \|
\| • Hydro
\- Ministry of Power prepares the Hydro Power Master Plan by 2027
\- Under the leadership of the Ministry of Power,Bureau of Public Enterprises(BPE)and Infrastructure Concession Regulatory Commission(ICRC)develop a PPP framework for investment in large hydropower projects by 2028 \| \| \| \|

* * *

|  | Competitive procurement policy and framework in place for private sector investment in renewable energy | No | Transition to a competitive market(2026-2027) |
| --- | --- | --- | --- |
| -The Regulator approves a framework and roadmap for transitioning to bilateral contracts(between generators and distribution)and novating existing PPAs held by bulk traders/single buyers(NBET).The target is to ensure that at least 30% and 75% of energy is transacted on a bilateral basis between 2026 and 2027. |  |  |  |
| -Regulator approves provisions on how existing and new energy must be competitively procured by off-takers |  |  |  |
| -FGN/NERC(regulator)implements first auction to procure new generation capacityin consistency with 2024bilateralcontractsroadmap(and respecting national electricitypolicy) |  |  |  |
| Building Skills in the sector(2025) |  |  |  |
| -Building on the NIEP,the SIP will detail actionable strategies to strengthen capacitydevelopment across the electricity sector.This will include leveraging the expertiseand resources of the National Power Training Institute of Nigeria(NAPTIN)to provide comprehensive training programs,foster technical expertise,and developthe next generation of skilled professionals. |  |  |  |
| Supporting domestic manufacturing of equipment on-grid&off-grid systems,-Enable investment into development of domestic supply chains by incorporatingstandards and local content opportunities within national and sub-nationalprogrammes so this will include meters,cables,panels etc. |  |  |  |
| II:Financially ViableUtilities | Audited annual financial statements of utilities published | Yes | Included as a requirement in law and FGN's Power Sector RecoveryProgram(PSRP)-continue this. |
| Utilities achievingat least100percent operationalcost recovery | No | Transition to a financially viable utilities(address liquiditychallenges,strengthen revenue management,and addressarrears) |  |
| -Periodic(quarterly)adjustments and enforcement of tariffs adjustmentsbased onmacroeconomic factorswith a path towards cost reflectivity. |  |  |  |
| -While cost reflectivityis not achieved and the meteringgap is not closed in2027,starting2025put in place a subsidy scheme that provides a universal andflatlimited subsidy to each connected customer(be itfor firstkWhof monthlyconsumption or through voucher). |  |  |  |
| -Develop,on an ongoing basis,a funding plan to finance subsidies due to non-costreflectivetariffs. |  |  |  |
| -Approval of thePower Sector Debtresolutionscheme forGENCOsandDisco'sonarrearsowedbyFGasal lineitemin the2025budget. |  |  |  |
| Closing the meteringgap(2024-2027) |  |  |  |
| -NERCapprovesupdatedMeteringCode |  |  |  |
| -FGNthroughSGDLapprovesin2024aMeteringPlantoclosethemeteringgapin theperiod2025to2027.Planupdatedannuallybackedbyfinancingfromall sources. |  |  |  |
|  | Deployment of key Management Information Systems(MIS)-includingcommercial and outage managementsystems-byallDiscosby2027. | Reducinglosses | -EnsuringimplementationofDISCO's(PIPs)和hold them responsible forthem. |
| -ProvideseedfinancingforPIPtoenableDISCOstoaccesscommercialfinancinglater |  |  |  |
| -Focus on commerciallosses andlowcollectionsfirstandsetaggressivetargets. |  |  |  |
| Improvingtransmission'sabilitytowheelincreasedpower |  |  |  |

* * *

– NERC approves TCN’s PIP for next 5 years with redefining allowances on CAPEX,
OPEX and losses, consistent with the PIP and ensure funding is available with
yearly targets of improvements (Available Installed transmission capacity (i.e.,
physical capacity of TCN to transfer to DISCOs) is increased) – also AfDB prior
action for 2024

|  |  |  | -NERC approves TCN's PIP for next 5 years with redefining allowances on CAPEX, OPEX and losses, consistent with the PIP and ensure funding is available with yearly targets of improvements (Available installed transmission capacity (i.e., physical capacity of TCN to transfer to DISCOs) is increased)- also AFDB prior action for 2024 |
| --- | --- | --- | --- |
| ·Corporate Governance improvements |  |  |  |
| -Prepare and approve a strategy and road map to address the situation of distressed privatized DISCOs(2025) |  |  |  |
| -Strengthen regulatory oversight of the distribution companies; |  |  |  |
| -Agree and implement penalties for nonperforming DISCOs(not paying for energy purchases in full)和 consider approaches such as afferment for ones in high-risk areas not viable for private sector. |  |  |  |
| -Incentive well performing ones with more funding support. |  |  |  |
| III:Private Sector Participation | Process outlined for regulatory approval of private sector-led mini-grids including tariff regulations | Yes | Nigeria already has the most advanced mini-grid and off grid regulations in SSA |
| ·Regulatory improvements for accelerating pace of electrification and attracting private investment. While Nigeria has one of the most progressive and forward-looking regulations pertaining to mini grids, more can be done on tweaking them to ensure they are.If for purpose to support TX increase in the pace of electricity through private sector supported capital and skills while ensuring consumer rights remain paramount.A comprehensive revision,as needed,of existing and proposed end of state regulations on,but not limited to: |  |  |  |

- Licensing limits(increase from 1 MW and above for mini grids with technical requirements compliant with grid code for seamless interconnection with the grid in future)
- Quicker,streamlined Processing of registration, licensing and tariff applications(batch processing)
- Introducing a net billing policy to incentivize consumers to become producers
  -Better contract management and dispute resolution(Tri-parte arrangements in urban grid connected projects involving consumers,RESCOS/developers and DISCOs,Termination conditions,consumer rights)
  -Updated tariff regulationsincluding,where possible,harmonization at state levels,including adjustments based on macro costs(automatic adjustments) \|
  \| \| Financial support to private sector DRE and clean cooking operators ensures affordability and viability \| Yes \| Existing legal and commercial framework to unlock,expedite,and scale access to long-term local currency capital for distributed renewable energy(DRE)projects.The framework will also provide project preparation and sponsor support to pathfinder DRE developers including Interconnected Mini-Grid projects,Mini-Grid projects,and Stand-alone Solar System as a Service Business Models,enabling them to reach financial close. \|
  \| IV:Last Mile Access \| Monitoring & evaluation program adopted to track the multi-tier framework for access to electricity and clean cooking \| No \| ·MTF framework already implemented in 7 states in Nigeria.A follow on survey and analysis to expand the MTF to all of Nigeria to begin in Q2 2025 and to be completed byQ2 2026.
  ·Once baseline data is collected,regular updates to the MTF to be carried out at a regular cadence to measure progress towards electrification and clean cooking targets.These surveys will be complemented for DREsby information collected through remote verification of smart meters and integration with CRM software,and for from utilities for on-grid customers.
  ·A data platform for M&E to be established byQ1 2025,whether by adapting existing solutions or by developing a new one to document and analyze progress towards access goals. \|

* * *

\| \| National Electrification Strategy adopted including an updated 5-year electrification plan with clearly defined role for private sector \| Yes/ no \| National Electrification Strategy (2025)
·With multiple technological pathways toward universal electrification, the FGN needs to adopt a least-cost electrification program to provide policy direction for financing and implementing electrification efforts. Without such a roadmap, multiple conflicting approaches for expanding access, driven by individual stakeholder interests, have emerged. Long-term policy certainty and institutional architecture(key agencies, processes, technologies) can guide stakeholders(public and private) to work towards universal electrification collaboratively. Committed, capable institutions with political ownership at the highest level are needed to implement this vision on the ground through private sector participation. A strategy needs to define clearly the institutional roles(esp states) to ensure institutional ownership by2025

Approval of the National Action Plan on Gender Mainstreaming in Energy Access(2024) \|
\| \-\-\- \| \-\-\- \| \-\-\- \| \-\-\- \|
\| \| Scale proven governance frameworks for DRE procurement and implementation \| Yes \| Replicable Framework for DRE Implementation(2025)
One of the flagship projects under the M300 initiative is the Nigerian Distributed Access through Renewable Energy Scale-Up(DARES) project, which builds on the achievements of the Nigeria Electrification Project(NEP).
DARES plays a critical foundational role in Mission 300's efforts to expand electricity access across Nigeria and serves as a model for scaling similar projects across the African continent.Amidst the massive scale up and changing landscape in the energy access space,the REA recognizes the need to strengthen its institutional capacity to effectively coordinate programmes like DARES alongside existing and emerging electrification initiatives within the Agency's portfolio.This enhancement will ensure alignment,synergy and efficiency in achieving the long-term objectives of theM300,while reinforcing the Agency's central role in expanding the sustainable energy access across Nigeria.Part of this drive is the Federal Government's ambition to setup a renewable energy Academy for Africa that will be responsible for developing the talent pipeline that will support the continent's energy access,transition and development goals as well \|
\| \| National clean cooking strategy in place \| Yes/no \| Clean cooking policy
·FEC Approval of a Clean Cooking Policy-2024 \|
\| \| Policy and regulatory framework including adopting minimum quality standards for off-grid and clean cooking solutions \| Yes/no \| The DARES PMU of the Rural Electrification Agency has developed and adopted minimum technical and service standards for mini grids and quality certification standards for solar home systems for the NEP,which have been updated in preparation for implementation for the DARES project. \|
\| V: Regional Integration \| Adopt and enforce harmonized transmission pricing within their respective power pools to facilitate power trade across borders \| Yes/no \| Adoption of a Transmission Charging Model(2025)

- ECOWAS to implement a transmission charging model to enhance inter-country electricity trade and decrease costs,with the grid now synchronized from Senegal to Benin and Nigeria expected to join soon,enhancing regional connectivity and stability. \|

* * *

- **ECOWAS Master Plan for Power Generation and Transmission (2019-2033)** – Adoption and implementation of this master plan-aims to address the region's growing electricity demand by using local resources and includes 28 projects with 22,932 km of high-voltage transmission lines.
- **Synchronization of West African Grids** – A significant milestone has been achieved with the synchronization of West African grids by WAPP, integrating national grids across 12 member states to improve electricity management and access across the region. Nigeria should be interconnected soon.

## NATIONAL ENERGY COMPACT

FOR NIGERIA

* * *

## Energy Sector Overview and

## Challenges

* * *

2.1
Energy Sector Overview

With more than 200 million people and an estimated
Gross Domestic Product (GDP) of US$417 billion in
2022, Nigeria is the most populous country and one of
the major economies in Sub-Saharan Africa. After
strong GDP growth between 2001 and 2014 of an average
of 7 percent per year, Nigeria’s growth began to slow
down in 2015, declining to an average GDP growth rate of
0.7 percent by 2020. In 2021-2022, the economy
recovered from the recession induced by the COVID-19
pandemic and lower oil prices, but welfare remains
challenged. In 2023, the incoming government eliminated
the petrol subsidy, which represented almost half of the
fiscal deficit, implemented foreign exchange market
reform to improve fiscal imbalances, stabilizing the
economy and setting the country towards the path to
growth. Despite those policy measures, however, the
country still faces considerable financial gap challenges
(N10.7 trillion) at the Federal government level in 2023.
The outlook for Nigeria’s growth is uncertain and
dependent on external factors and the government’s
policy response to longstanding issues.

Nigeria has the most significant electricity access
deficit in absolute terms in the world. As of 2022, 61
percent of Nigeria’s population had access to electricity,
2
leaving more than 86 million people without access. Even
Nigerians connected to the grid face frequent outages and
do not receive adequate or reliable supply, making them
dependent on fossil- fueled generator sets to meet their
needs. Estimates put power supply from gensets to be 10
times that from the grid (~4 GW). The situation is worse
for cooking. Over 160 million people lacked access to
clean cooking fuels and technologies in 2022, the third
largest absolute de ficit in the world after India and China.

Nigeria’s power sector is largely private and
unbundled. The Nigerian power sector consists of six

purchase and resale of energy. Furthermore, as per the
presidential assent that granted the amendment of the
Constitution, the electricity market in Nigeria is
transitioning to decentralization where states are
responsible for their respective electricity market. While
the privatization of the DISCOs and GENCOs was
completed in 2013, it has yet to yield the expected
outcomes. Only limited investment has gone into
strengthening distribution performance since
privatization, and the sector’s aggregate technical,
commercial and collection (ATC&C) losses remain
extremely high, with DISCOs reporting total losses on
average about 42%, comprising 21% technical and
commercial losses, and 26% collection losses. The physical
condition and efficiency of the transmission network
needs to be significantly improved as well to adequately
evacuate available generation capacity.

The Federal Ministry of Power (FMoP) is responsible
for setting the policy and long-term vision, including
electrification planning in conjunction with the
Nigeria Electricity Regulatory Commission (NERC).
The DISCOs are responsible for increasing grid-based
access in their franchise areas. Between 2015 and 2023,
they added 4.7 million ‘legal’ connections, mostly
attributed to new metering than actual new connections.
However, during that time, the population in the country
increased by 24 million (equivalent to about 4.8 million
connections), leading to an increase in the access gap.
Furthermore, the new electricity Act will usher in a new
central policy and plan for electrification in the country
and a lot of efforts are being made for that. In the current
arrangement, under the Federal Ministry of Power’s
guidance, the Rural Electrification Agency has the
strongest awareness of the country’s political economy,
with a focus on socioeconomic development needs, a high
level of stakeholder engagement and a mandate for
implementing electrification in unserved and underserved
areas.

* * *

the region’s most progressive and comprehensive sets of
mini-grid regulations, covering issues regarding licensing,
retail tariff setting and eventual grid connection. In 2017,
the FGN’s Federal Executive Council approved the Power
Sector Recovery Program to recover the fiscal burden
from power sector, provide reliable and affordable power
to citizens and support universal electrification through
creating an enabling environment for private investment
in the power sector. The Program also included financial,
operational, governance and policy actions to turn around
the distribution sector. Nigeria also has a Renewable
Energy Master Plan, launched in 2006, and a National
Renewable Energy and Energy Efficiency Policy, introduced
in 2015 for promoting renewable energy investments and
improving energy efficiency across various sectors.

The Energy Transition Plan (ETP) approved in 2022 is a
bold statement of ambition from the FGN to achieve
universal electricity access by 2030 and a carbonneutral energy system by 2060. Currently, the average
power plant in the sector is more than 20 years old, 79
percent of installed capacity is from thermal generation,
and the rest is from hydro. With multiple technological
pathways toward universal electrification, the FGN needs
to adopt a least-cost electrification program to provide
policy direction for financing and implementing
electrification efforts.

Universal access will require an investment of at least
3
US$23 billion, including contributions from the public
and private sectors as well as from end- users of
electricity themselves. Nigeria’s capacity to unlock and
4
sustain almost US$15.5 billion fiin private nancing
requires critical market enabling conditions currently not
in place.

3
WB/SEforALL 2023. Nigeria Integrated Energy Plan Refresh.

* * *

2.2
Current Status and Challenges

PILLAR I
EXPAND GENERATION AND INVEST INTO
T&D INFRASTRUCTURE AT COMPETITIVE
COSTS

Generation Capacity. Only about 40 per cent of total
installed grid-connected capacity of 12GW is currently
utilized where almost all of the installed capacity is
5
contracted through PPAs with NBET , the bulk trader, up
to now. Most of the PPAs have not been executed as
signed and as a result, only a fraction of usable capacity of
GENCOs is available to the downstream market on a
permanent basis. With the Electricity Act 2023, NBET will
no longer ent er into new contracts and the electricity
market is transitioning to bilateral contracting between
DisCos and Gencos, with states now having regulatory
oversight over their respective state electricity market. No
speci fic policy or regulatory guidance describing how
existing and new generation capacity should be procured
by DisCos to serve their captive demand exists.

State of T&D infrastructure. The physical condition and
efficiency of the transmission network need to be
significantly improved. The ability of the transmission
system to evacuate available generation capacity is
inadequate due to aging and poorly maintained
6
infrastructure. The regulator has approved TCN’s PIP for
2024-26 (a result in FGN’s Power sector recovery program)
in December 2023. The PIP includes US$300 million CAPEX
to be raised from tari ff and US$1.8 billion CAPEX to be
funded from non-tariff sources.

Similarly, very little investment has gone into
strengthening the distribution sector since the
privatization was completed in 2013. The sector’s
aggregate technical, commercial and collection (ATC&C)
losses are extremely high, with DISCOs reporting an
average of 47 percent losses. The approval of DISCOs’ PIPs
was one of the DLIs in the PSRO where the
implementation of the PIPs is tracked since their approval.
In addition, DISREP will provide funds to the early stages
of PIP implementation to improve DISCOs performance,
eventually enabling them to raise the private financing
required to fully realize their performance targets.

No least cost power system plan exists but multi-agency
work on it is ongoing led by NERC and supported by
UKNIAF, WB.

No specific procurement policy for renewable energy
exists. Decision for this will now be decentralized at state
level

6
Performance Improvement Plan

5
Nigerian Bulk Electricity Trader

* * *

PILLAR II
WORK TOWARDS FINANCIALLY VIABLE
UTILITIES THAT PROVIDE RELIABLE
SERVICE

In Nigeria, the regulated electricity tariff has been
below cost recovery and the Federal Government of
Nigeria (FGN) has been subsidizing tariffs by covering
tariff shortfalls – the difference between the regulated
and cost-reflective tariff- through budget transfers. The
implementation of FGN’s bold Power Sector Reform
Program (PSRP)’s critical actions in 2020-2022 had a
transformative effect on the financial performance and
viability of the power sector in Nigeria and significantly
reduced the fiscal burden of tariff shortfalls until 2022.
Annual tariff shortfalls decreased from N581 billion
(US$1.6 billion) in 2019 to N166 billion (US$410 million) in
2022\. The unification of the official and parralel market
exchange rates of Naira in 2023, however, led to a
significant devaluation of Naira and drove the sector
revenue requirement upward considerably given the
significant proportion of dollar denominated inputs (gas
for power generation in particular). As a result, tariff
shortfalls in 2023 went up to N650 billion, significantly
higher than N192 billion that was planned. The 2024 tariff
shortfalls is expected to reach N 2.2 trillion. The FGN has
not identified sufficient funding sources to cover the 2024
tariff shortfalls and the carryover from 2023. Subsidization
to cover tariff shortfalls is highly regressive, as 80% of
amount of subsidies benefit the richest quintile of the
population.

The Electricity Act that became effective in June 2023
notes that States are responsible for regulation of
electricity activities carried out within its geographic
boundaries, which implies that end-user tariff will
now be handled by a regulatory entity of those states,
while NERC will be responsible for wholesale interstate generation and transmission. NERC has started
transferring the regulatory oversight of the electricity
market to State regulator in at least seven states (Edo,
Enugu, Ekiti, Ondo, Oyo, Kogi and Imo). It is expected that
NERC will continue to issue orders for the remaining
states in the near future. While the decentralization offers
opportunities for the sector, it also generates risks that
need to be appropriately managed.

In parallel to tariff shortfall, non-tariff shortfalls have
been increasing and has become another key factor
impacting the financial sustainability of the power
sector. Non-tariff shortfalls (or market shortfalls) have
arisen due to the DISCOs’ high technical, commercial and
collection losses beyond the allowed losses under the
MYTO regime. These losses translate into lower
remittances to NBET and the sector. Failure to fully resolve
the market shortfalls could create not only an additional
fiscal pressure to the government as NBET’s inability to
pay GENCOs due to insufficient cash coming from DISCOs
could potentially require additional budget support to
clear NBET’s payables but also delay in payment will
negatively affect GENCOs to supply sufficient energy in the
system, creating a vicious cycle of low payment and
unreliable energy system. In order to address market
shortfalls issues, the government is (i) fast-tracking a
mass-metering program; and (ii) enforcing and facilitating
implementation of investments in approved DISCOs’ PIPs
that are aimed at reducing technical and commercial
losses.

DisCos operational performance is poor, but heterogeneous

Most DisCos lack payment discipline

* * *

PILLAR III
INCENTIVIZE PRIVATE SECTOR
PARTICIPATION TO UNLOCK ADDITIONAL
RESOURCES

State of private sector participation for on-grid and
off-grid access

(on-grid): All 11 DisCos and 6 Gencos are privatized,
however, there have been highly limited investments
flowing into the sector since the privatization. DISREP to
provide funds for the early stages of Performance
Improvement Plan (PIP – capex and loss reduction plan
approved by the regulator) implementation to improve
DISCOs performance to the level that will enable them to
raise the private financing required to fully realize their
PIP targets. This includes closing the metering gap,
improvement in network performance, loss reduction,
corporate governance improvements and liquidity
improvements.

(off-grid): An active and growing community of private
companies has emerged in response to the financial
incentives offered by the NEP and a conducive regulatory
environment. This includes 81 mini grid developers that
have qualified to participate in the NEP, of which 45 have
signed grant agreements with the REA to develop mini
grid projects, of which 27 mini grids have already built and
are operating mini grids. For standalone solar, 61
distributors have qualified for the NEP, of which 52 have
signed grant agreements, of which 46 have deployed
systems and claimed grants from REA. However, most
sales for standalone solar are from just a few of these
companies.

Status of mobilizing private capital (disaggregated by
generation, transmission, distribution, and access)

Key barriers and obstacles to scaling up private
investment in each segment of the energy value chain

NBET on time and/or in full amount as well as recover,

NBET on time and/or in full amount as well as recover,
which also makes private investments to be hesitant to

which also makes private investments to be hesitant to
participate. Targeted concessionary lending to qualifying

participate. Targeted concessionary lending to qualifying

participate. Targeted concessionary lending to qualifying

participate. Targeted concessionary lending to qualifying
DISCOs to strengthen distribution infrastructure may

break the cycle of high losses impacting liquidity and vice
versa.

(off-grid): While the leading DRE companies are starting to
raise larger volumes of financing, lack of sufficient access
to working capital for standalone solar distributors and to
long-term local currency financing for mini grid developers
remains a binding constraint on further scale up of the
DRE sector, especially for smaller, local firms. High import
duties and complicated and lengthy customs procedures
also continue to hamper the business of both mini grid
and off-grid solar companies.

There is a need for local currency long term financing for
the power sector to ensure that exchange rate risk is
mitigated.

* * *

PILLAR IV
EMBRACE DRE AND CLEAN COOKING
SOLUTIONS FOR AFFORDABLE LAST MILE
ACCESS

FGN’s flagship NEP supported by WB ($350m) and AfDB
($200m) has provided results-based financing for 158
mini grids that currently serve over 100,000
connections (over 0.5 million people). The NEP has also
provided results-based financing to distributors who have
sold almost 1.1 million standalone solar solutions
(impacting over 5 million Nigerians).

These performance based grants provided to the private
sector have helped to bring down the tariff to affordable
levels for mini grid customers, and the supply side and
demand side subsidies for standalone solar solutions
have reduced the cost of the systems and extended the
reach of the sales distribution networks. Each public $1
7
has leveraged $1.2 of private capital.

While significant gains have been made in expanding
access to clean cooking in recent years (3.2% per year
from 2017-2022), the access rate of 26% remains well
below the global average of 74%. Furthermore, the
gains have come entirely from gas, indicating that
adoption of electric cooking has yet to take off.

MTF surveys were carried out and an Energy Access
Diagnostic Report published in 2020, but the coverage
was limited to 7 states in the North-West geo-political
zone (Kaduna, Kano, Katsina, Kebbi, Jigawa, Sokoto, and
Zamfara), so a complete picture of energy access across
the country is still not available.

NERC updated the 2016 Mini Grid Regulations in 2023,
incorporating new clauses that the private sector had
advocated for, including streamlining regulatory review,
and adding more protections for investors.

An Integrated Energy Plan (IEP) based on a geospatial
model for universal electrification of Nigeria was
published by SEforALL in January 2022, and a refresh of
the IEP was carried out for the World Bank in May 2023.
Acceptance of the modeled results and full buy-in of key
stakeholders, including state governments, is required for
widespread adoption and use in the development of a
more comprehensive national electrification strategy and
plan.

PILLAR V
LEVERAGE BENEFITS OF INCREASED
REGIONAL INTEGRATION

Nigeria, Niger, and Benin have a long tradition of
intergovernmental agreements for exchange of electricity
that build on the cooperation between the countries that
share the waters of the Niger River. Nigeria has exported
electricity for decades, in exchange for Niger and Benin
refraining from damming the waters upstream. The
8
current amounts traded are small (amounting to roughly
N30B for Q4, 2023) in relation to its overall capacity, 180
MW to Niger and 200 MW to Benin. The interconnection
between Nigeria and Benin was inaugurated in 2007 with
the line to Sakété in Benin.

Electricity exported from Nigeria to Niger is transported
through two 132 kV lines that bring electricity from the
Kainji hydro plant. Nigeria is supplying 180 MW contracted
to Niger, utilizing current transmission capacity to the
maximum. Electricity expo rted from Nigeria to Benin is
transported through 70 km of 330 kV line between Ikeja in
Nigeria and Sakété in Benin, with a contracted amount
under intergovernmental agreements of 260 MW. In
December 2017, a separate contract for 60 MW was
signed between t he Société Béninoise d’Energie Electrique
(SBEE) and Parras, a Nigerian independent power
producer (IPP), using a one- year renewable PPA. Given the
capacity constraints of the transmission line between
Nigeria and Benin, the total amount traded is 200 MW,
with priority given to the electricity sold by Parras.

Limited political ownership and focus on domestic energy
issues is the primary reason for regional integration not
being prioritized enough

7
Calculated by the World Bank and the Nigeria Electrification
Project (NEP) Project Management Unit

* * *

ANNEX I
ONGOING AND COMMITTED PROJECTS

| Development Partner | Project Name | Timeline | Project Description | Funding(including from the private sector) | Contribution to Compact Targets |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Access to Electricity | Access to Clean Cooking | Renewable Energy Installed | Binary & Numerical Targets |  |  |  |  |  |  |
| World Bank | Nigeria Power Sector Recovery Performance Operations(P164001) | Closing on June 30,2027 | The objectives of the operation are to improve the reliability of electricity supply,achieve financial and fiscal sustainability,and enhance accountability.The PSRO provides results-based financing to support the implementation of the Government's Power Sector Recovery Program (PSRP).The PSR is a comprehensive program to restore the power sector's financial viability,improve service delivery and reduce its fiscal burden. | US$1.5 billion(World Bank) | Expected to improve reliability of electricity supply of existing grid.No explicit last mile connection related activities. | N/A | May include DL on competitive auctions for new generation(including solar). |  |  |
| Nigeria Distribution Sector Recovery Program(P172891) | Closing on May 30,2028(Expected,subject to restructuring in November,2024) | The development objective of Distribution Sector Recovery Program for Nigeria is to improve financial and technical performance of the electricity distribution companies.The Program for Result component will provide funds to the early stages of Performance Improvement Plan(PIP) implementation to improve Distribution Company(DISCOS)technical and financial performance,eventually enabling them to raise the private financing required to fully realize their PIP targets. | US$500 million(World Bank) | Expected to improve reliability of electricity supply of existing grid.No explicit last mile connection related activities. | N/A |  |  |  |  |
| NG-Electricity Transmission Project-(P146330) | Closing on December 31,2024 | The development objective of the Electricity Transmission Project for Nigeria is to increase the transfer capacity of the transmission network in Nigeria. | US$486 million |  | N/A |  |  |  |  |
|  | Nigeria Energy Access and Clean Energy Transition Programmatic ASA-(P181167) |  | This PASA strengthens implementation of the initiated reforms and push the boundaries to scale-up clean energy transition for universal power access.It will provide a blend of analytical work,technical assistance,and stakeholder engagement for both on and off grid activities. | US$5 million |  | N/A |  |  |  |

* * *

|  | Nigeria Electrification Project(P161885) | Closing on December31,2024 | The development objective is to increase access to electricity services for households,public institutions,and underserved micro,small and medium enterprises. | US$350 million | Has extended electricity access to around 5.5 million people through standalone solar and to about half a million people through mini grids. | N/A | 62 MW |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Nigeria Distributed Access Through Renewable Energy Scale-up(P179687) | Pending effectiveness;Closing on December31,2028 | The project development objective is to increase access to electricity services for households and MMS with private sector-led distributed renewable energy generation. | US$750 million9$1.1 billion from private sector) | Expected to extend new electricity access to mini grids and standalone solar to around 16.2 million people and improved access via interconnected mini grids to about 1.3 million people. | N/A | 465 MW |  |
| AIDB | Nigeria Electrification Project | Closing December2025 | The project objective is to increase access to electricity services for households and micro,small and medium enterprises. | US$200 million | Expected to provide access to electricity to over 500,000 people | 68 MW |  |
|  | Nigeria Transmission Expansion Plan Phase 1 | Closing December2026 | Project objective is to increase the wheeling capacity of the grid by 2000MW and remove all bottlenecks. | US$252 Million | Expected to provide electricity for 5 million People |  | Evacuate 2000MW |
| USAID | Nigerian Power Sector Program(NPSP) | Closed on 30th September2024 | NPSP will increase electricity availability,access,and reliability throughout Nigeria,while measuringobjective progress across the following thematic technicalareas,Generation,GasTransmission,Distribution,Off-Grid,Enablingenvironment and cross cuttingareas i.e.Gender. | US$109 Million | Expected to provide 3 million electricity connections | N/A | 10,000 MW ofnew and rehabilitatedgenerationcapacity. |
|  | Empower NigeriaUnder preparationand will come on streamby December2024 | Empower Nigeria will increasethe availability of and access toaffordable,reliablesustainable and modernelectricity services in Nigeria.This program will connectmore Nigerian homes,businesses,and institutions to electricity on the grid andbeyond the grid:reducegreenhouse gas emissionsfrom the energy sectorbysupporting cleaner electricitygeneration delivered by thegrid and acceleratingdistributed renewable energy | US$75 Million | 3 million electricity connections | N/A | 2500-3000MW |  |

* * *

|  |  |  | (DRE); and, working in partnership with the Government of Nigeria and other institutions to improve the enabling environment for energy sector investment (including climate finance) and innovation. |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
| EU | Solar for Health Program | At conception stage and expected to end in 2028 | Provide electricity to health care centers across Nigeria with the Health care facilities serving as anchor load and excess demand will be provided to other beneficiaries in proximity to the health facilities including households. | Electricity connections to about 250 health care centers. | N/A |  |

* * *

ANNEX II
METRIC OF KEY INDICATORS

| Pillars | Metrics /Indicators | Data(latest available) |
| --- | --- | --- |
| Pillar 1-Expand Generation and T&D Networks | •Generation Capacity Installed/Available(MWs) |  |
| •% Thermal, % Renewable(including BESS) |  |  |
| •Average annual growth rate(%)(of last3 years) | •12GW installed(46%available) |  |
| •75.5%gas,24.3%hydro,0.3%solarPV |  |  |
| •Energy Produced Annually(MWhrs)-Total |  |  |
| •% Thermal, %Renewable(includingVRE/BESS) |  |  |
| •Average annual growth rate(%)(oflast3 years) |  |  |
| •Average Cost perkWh-Thermal,Renewable | •36,710GWh(2023) |  |
| •75.25%Thermal;24.75%hydro |  |  |
| •6.2% |  |  |
| •US$/kWh |  |  |
| •Energy Imported Annually(MWhrs)-Total |  |  |
| •Average annual growth rate(%)(oflast3 years) |  |  |
| •Average cost perKwh(USD) | •0MWh(2023) |  |
| %。 |  |  |
| 0US$/MW(2023) |  |  |
| •Energy Exported Annually(MWhrs)-Total |  |  |
| •Average annual growth rate(%)(oflast3 years) |  |  |
| •Total revenue(USD) | •2,316,000MWh(2023) |  |
| %。 |  |  |
| US$53.39 million(2023) |  |  |
| •Transmission Network(HV,MV),Total:Length(km);Voltage(kV):TransferCapacity-MW/MVA | TotalHV: |  |
| •330kVAC-5,530km;MW |  |  |
| •132kVAC-6800km;MW |  |  |
| •330kV substations combinedavailable capacity:10,994MVA |  |  |

• Transmission Network (HV, MV), Total: Length (km); Voltage (kV): Transfer
Capacity – MW/MVA

• Rehabilitation:

• Expansion:

• Distribution Network (LV), Total: Length (KM); Voltage (KV): Transfer
Capacity – MW/MVA

* * *

|  |  | 2022 | 2023 | 2024 |
| --- | --- | --- | --- | --- |
| Households |  |  |  |  |
| Industries |  |  |  |  |
| Commercial |  |  |  |  |
| ... |  |  |  |  |
| ... |  |  |  |  |
|  |  |  |  |  |
|  |  |  |  |  |
| Pillar 2: Regional integration | Transmission Interconnectors (HV), Total: Length (KM); Voltage (KV): Transfer Capacity-MW/MVA |  |  | Three(3) interconnectors to export power to utilities in Benin Republic, Togo Republic and Niger Republic. |
| Energy traded in Bi-lateral Power Purchase Agreements / MOU: |  |  |  |  |
| Energy Traded in Power Pool: |  |  |  |  |
| Transmission Wheeling Charges (USD per Kwh) |  |  |  |  |
| Payables (arrears)/Receivables (USD) |  |  |  |  |
| Pillar 3:DRE/ Clean Cooking | Number of new mini-grid connections (by customer10 type)(last 3 years, if possible) |  |  | Households:At least93,193SMI/SME:At least14,326 |
| Number of Solar Home Systems(last 3 years, if possible) |  |  | At least2.93 millionSH5 |  |
| Number of Clean Cooking Connections/Appliances |  |  | 1% of Nigeria households have access to clean cooking via electricity while10.5% or7.9million households use LPG even as174 million Nigerians lack access to clean cooking solutions |  |
| Pillar 4:Private Sector Participation | Total Investment Required to Meet2030 Energy Compact Goals/Targets-Public/Private. |  |  | US$ |
| Total Investment Availableas of2024-Public/Private) |  |  |  |  |
| Investment Gap to be mobilized each year up to2030-Public/Private(based on Government priorities and sequencing)(Domestic and International) |  |  |  |  |
| Total(Private) investment needs by2030(USD,percentage)-split(by Grid,mini-grid,off-grid)和clean cooking);split(by generation,transmission,distributionandaccess)(Domestic和International) |  |  | US$;54% |  |

* * *

| Pillar 5: Sector Reforms and Sustainable Utilities | ·Utility financial profitability(per audited accounts)-Net income/loss(US$amount and US$/kWh)for Discos,Transcos,Gencos | N/A |
| --- | --- | --- |
| (Regulator) Tariff policy,average end-user tariffs(per Kwh)和 trajectory to full cost reflectivity(current % of recovered costs to achieve2030 target) | Average end-user tariff:NGN69/kWh($0.09c/kWh) |  |
| Trajectory to full cost-reflectivity:$600 million per year subsidy in2025to2027(while metering gap is being closed),and then fully CRT except for social tariff for vulnerable customers. |  |  |
| Total Subsidy Amount(USD)11;Path/Timelines to full cost reflectivity12(estimate); | Total subsidy of $1.5 billion(2024 estimate). |  |
| Aggregate Technical Commercial&Collection(ATCC)Losses:% reduction targets per year. |  |  |
| Number of metered/unmetered customers |  |  |
| Number of prepayment meters | 5.84 million metered customers/7.32 million unmetered customers |  |
| Level of Debt-Payables to Government,IPPs,other vendors. |  |  |
| Level of arrears-Receivables from Government/Public entities(any pre-payment meters). |  |  |
| Revenues by breakdown of customer types(e.g.from households,industries,commercial,mines,imports,etc). |  |  |
| Capital restructuring plan(yes/no) |  |  |
| Load shedding(e.g.average number of hours per day and/or estimated lostMWhrs per annum). |  |  |
| Capacity Building requirements(US$)(at all levels) |  |  |
| Alignment of Power Sector Least Cost Expansion Plans to country Long Term Strategies and NDCs/Paris Agreement-Yes/No |  |  |
| Household Affordability(i.e.% level of household disposable income available to be spent on energy services and/or% of Households Receiving Energy Subsidies) |  |  |
| Jobs:e.g.Track the number of jobs created forYouth and Women |  |  |

11
This could include subsidies for electricity generation, distribution, renewable energy projects, and consumer subsidies.
12 12
Tariff Subsidy for Consumers (USD/kWh12); Cost Recovery Rate (%); Dedicated Funds (esp. rural) (USD, annual)

12 12
Tariff Subsidy for Consumers (USD/kWh12); Cost Recovery Rate (%); Dedicated Funds (esp. rural) (USD, annual)

* * *

# LET’S CONNECT 300M PEOPLE

# IN AFRICA TO ENERGY BY

# 2030

## MISSION300 \#PoweringAfrica