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MINIGRID INVESTMENT REPORT SCALING THE NIGERIAN MARKET
The 2018 report by RMI and the Nigerian Economic Summit Group (NESG) analyzes the commercial minigrid market in Nigeria, identifying it as a high-potential investment opportunity to address the fact that 55% of the population lacks electricity. Through audits of ten commercial projects, the report establishes best practices in site selection, community engagement, and owner-operator business models. It outlines a regulatory environment that is generally supportive but hindered by overlapping mandates and import barriers, and proposes specific interventions across the project development, construction, and operation phases to scale the market toward a potential annual revenue of ₦2.8 trillion (US$8 billion).
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Document type: Report