Implement clear policies that promote and encourage investor confidence in the power sector.
Improving power supply reliability
The Power Sector Recovery Programme (PSRP) is a series of policy actions, regulatory, operational, governance, and financial interventions being implemented by the Federal Government of Nigeria. It aims to strengthen the Nigerian Electricity Supply Industry for future growth.
It was approved by the Federal Executive Council (FEC) in March 2017.
PSRP Objectives
Restore financial viability in the Nigeria Electricity Supply Industry (NESI)
Improve power supply reliability to meet growing demand.
Strengthen the sector’s institutional framework and increase transparency
Reinforce a contract-based electricity market.
Deepen your Knowledge on the Power Sector
The reform programme implementation promotes transparency and accountability. Operational and financial performance data for the sector are available to the public, fostering awareness, information access, and monitoring of the reform process and progress.
Milestones
Since its inception, the PSRP has achieved a number of significant achievements.
Discover our achievements in the power sector.
Minimum Remittance Thresholds (MRTs) for DisCo Defined and Enforcement Begins
DisCo Performance Improvement Plans (PIPs) approved and effective.
PSRP Financing Plan
approved.
News
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psrp2022-02-24 15:16:532022-03-30 15:02:44Dialogue with Civil Society Organizations (CSO)
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psrp2022-01-16 03:38:142022-03-30 15:01:04NERC and PSRO Secretariat organized a one-day communication and messaging workshop
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psrp2022-01-16 03:01:142022-03-30 15:18:01NERC Hosts First PSRP Communication Strategy And Public Campaign WorkshopPartners
