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flag Nigeria adopts new tariff tool for mini-grids to boost rural electricity access and investment.

flag Nigeria's electricity regulator, NERC, has adopted a new tariff tool for mini-grid operators, aiming to promote fair pricing and attract more investments in rural areas. flag The "Mini-Grid Tariff Order 2024" sets price caps and guidelines for adjustments, protecting consumers and simplifying regulatory oversight. flag The tool, developed with the African Forum for Utility Regulators (AFUR), includes features like Portfolio Applications to register multiple sites under one application. flag NERC plans to roll out the tool across 30 African countries, enhancing electricity access and regulatory consistency.

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