Nigeria Distribution Sector Recovery Program

The development objective of Distribution Sector Recovery Program for Nigeria is to improve financial and technical performance of the electricity distribution companies. The Coronavirus disease (COVID-19) pandemic and the oil price collapse are likely to lead Nigeria to its deepest recession in four decades. . In order to the turn-around the Nigerian power sector the Federal Government of Nigeria (FGN) is committed to the implementation of the Power Sector Recovery Program (PSRP) framework which addresses the key pillars of sector performance: (Pillar I) policy and regulatory environment; (Pillar II) network infrastructure; (Pillar III) operational efficiency; and (Pillar IV) financial sustainability. The Distribution Sector Recover Program for Result (DISREP PforR) component will provide funds to the early stages of Performance Improvement Plan (PIP) implementation to improve Distribution Company (DISCOs) technical and financial performance, eventually enabling them to raise the private financing required to fully realize their PIP targets.