Recommendations for improving the bankability of the mini-grid regulatory framework in Nigeria
This multi-stakeholder position paper, co-authored by the Camco-managed Renewable Energy Performance Platform (REPP), sets out a series of recommendations on how to improve the bankability of Nigeria’s mini-grid policy and regulatory framework.
Nigeria is one of the leading mini-grid markets in Africa, but the sector is a fast-changing space meaning energy sector policies, regulations and governance need to be evolving to support its continued growth.
The position paper is published as part of Nigerian Electricity Regulatory Commission (NERC) official review of its 2016 mini-grid regulations. The paper was led by UK government-funded REPP alongside the Renewable Energy Association of Nigeria (REAN), and the Africa Mini-grid Developers Association (AMDA), and supported by multiple private sector stakeholders leading the development of the Nigerian mini-grid market.
The recommendations are based on several years of collective experience in developing, financing, and operating mini-grids in Nigeria, and include contributions from many of the key stakeholders driving Nigeria’s mini-grid sector’s growth today.