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Reliable and Affordable Electricity for Nigeria: Growing the Minigrid Market
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Key recommendations for investors and donor partners include:
Support efforts to increase affordability and viability of finance
Provide partial grants and operational subsidies to speed market growth while retaining developer ownership of systems
Create a minigrid finance consortium to spread the risk of minigrid investment
Coordinate cross-sectoral demand stimulation through agricultural and other development programs
The Minigrid Investment Report presents a clear pathway to scale minigrids in Nigeria, where the market is taking off. Innovative minigrid models are already being tested today, and with a strong business case already demonstrated, Nigeria is rapidly becoming a global hub for minigrid development.
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Nigeria’s Electricity Devolution Law Creates an Opportunity to Reshape Its Power System
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