Power Sector Recovery Programme Milestones

  • February 2022

    The Government Engages CSOs to Get Support and Buy-in

    A one-day workshop was held with Civil Society Organizations as part of the Nigerian Public education process on the PSRP programme.

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  • December 2021

    NERC Issued Extraordinary MYTO Orders

    The 2022 MYTO order sets new electricity tariffs for 11 DisCos retroactively covering 2021, and are consistent with the approved PIPs. Safeguards put in place for the poor continue. 

    December 2021

  • December 2021

    Minimum Remittance Thresholds (MRTs) for DisCo Defined and Enforcement Begins

    NERC defined MRTs, or the minimum payments, from each DisCo to Nigerian Bulk Electricity Energy Trading Company (NBET) and will monitor and enforce DisCos’ payment discipline.

  • November 2021

    PSRP Financing Plan Approved

    A credible financing plan for the PSRP Programme has been approved by Federal Government. It identifies how tariff shortfalls will be paid off and promote sustainable growth of the Nigerian Electricity Supply Industry, to free public funds for education, health and social protection programmes, was approved

    November 2021

  • September 2021

    PSRP Holds Workshop with Power Companies Communication Representatives

    NERC and the PSRP Secretariat hosted a one-day hybrid workshop with communication representatives of the electricity distribution companies (DisCos) and the generation companies (GenCos) to present the draft PSRP Communication Strategy and brainstorm on the public campaign messaging.
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  • September 2021

    PSRP Engagement with Sector Leadership

    NERC (in conjunction with the PSRP Secretariat and the World Bank) held a virtual meeting with leadership of power distribution companies (DisCos), generation companies (GenCos) and power sector government agencies on the PSRP to discuss the roll out of the program and the strategic messaging for educating the public.

    September 2021

  • Effective 1st July 2021

    DisCo Performance Improvement Plans (PIP) Approved and Became Effective

    The DisCo Performance Improvement Plans that allow DisCos to plan toward service improvements with measurable indicators to track the quality of service improvements and monitored by NERC was approved and became operational.

  • May 2021

    PSRO Secretariat Established

    A team of technical experts was constituted to monitor and evaluate the Federal Government’s implementation of the PSRP.

    May 2021

  • March 2021

    The PSRP Finance/Technical Committee was Constituted

    The PSRP Finance/Technical Committee was constituted. The committee comprised the following members: Director General Budget-Federal Ministry of Finance and National Planning; Commissioner- Legal, Licensing & Compliance-Nigeria Electricity Regulatory Commission (NERC); Deputy Governor, Economic Policy-Central Bank of Nigeria, Senior Management-level representatives of Nigerian Bulk Electricity Trading Plc, Bureau for Public Enterprises, Ministry of Power and Special Adviser Power-Presidency.

  • December 2020

    Nationwide Opinion Research Conducted

    A nationwide public opinion survey was conducted to inform the PSRP interventions and facilitate an evidence-based communications campaign

    December 2020

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