| Financier | Commitments |
|---|---|
| African Development Bank | 700.00 |
| International Bank for Reconstruction and Development | 500.00 |
| Borrower/Recipient | 486.00 |
Nigeria Distribution Sector Recovery Program
Abstract*
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... Show More
Development Objective
The Program Development Objective is to improve financial and technical performance of the electricity distribution companies.
Key Details
Project Details
P172891
Active
Daniel Camos Daurella , Bunu Bukar
Federal Republic of Nigeria
November 17, 2020
(as of board presentation)
February 4, 2021
February 2, 2023
US$ 1743.00 million
Bureau of Public Enterprises,Transmission Company of Nigeria
2021
US$ 1200.00 million
N/A
May 21, 2024
May 30, 2028
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 500.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 500.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 700.00 |
| Total Project Cost** | 1743.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Apr 15, 2023 | IBRD-92060 | Int Charges | 482,876.72 |
| Oct 15, 2023 | IBRD-92060 | Int Charges | 621,712.30 |
| Nov 28, 2023 | IBRD-92060 | Int Charges | 5,000.00 |
| May 2, 2024 | IBRD-92060 | Int Charges | 625,729.90 |
| Feb 4, 2021 | IBRD-92060 | Loan Commitment | 500,000,000.00 |
| Jul 5, 2023 | IBRD-92060 | Fee Charges | 1,250,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2025-01-30 |
| Monitoring and Evaluation | Moderately Satisfactory | 2025-01-30 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2025-01-30 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2025-01-30 |
| Monitoring and Evaluation | Moderately Satisfactory | 2025-01-30 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2025-01-30 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Reduction in DISCOs’ metering gap Value 100.00 100.00 50.00 Date October 22, 2020 December 20, 2023 June 30, 2026 Comment Semi-annual collection of billed electricity Value 66.00 66.00 88.00 Date April 28, 2023 December 20, 2023 June 30, 2026 Comment Compliance with NERC Code of Corporate Governance by DISCOs Value 52.00 52.00 95.00 Date October 22, 2020 December 20, 2023 June 30, 2026 Comment Semi-annual electricity billed Value 10947.00 10947.00 15716.00 Date October 22, 2020 December 20, 2023 June 30, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Audited financial statements of DISCOs are published annually Value No No Yes Date October 22, 2020 April 28, 2023 June 30, 2026 Comment Implementation of Management Information Systems (MIS) by DISCOs Value 10.00 10.00 77.00 Date October 22, 2020 April 28, 2023 June 30, 2026 Comment New customers connected to the network (Number) Value 0.00 0.00 2592000.00 Date October 22, 2020 December 20, 2023 June 30, 2026 Comment Number of qualified FGN representative appointed to DISCO Boards Value 1.00 1.00 2.00 Date October 22, 2020 April 28, 2023 June 30, 2026 Comment Amount of electricity supply sourced directly from GENCOs or from embedded generation Value 0.12 0.12 0.60 Date October 22, 2020 April 28, 2023 June 30, 2026 Comment Number of customer meters installed at unmetered customers Value 0.00 0.00 5129295.00 Date October 22, 2020 December 20, 2023 June 30, 2026 Comment Operation of MDMSs in DISCOs Value No No Yes Date October 22, 2020 December 20, 2023 June 30, 2026 Comment Number of new metered connections by DISCOs Value 0.00 0.00 100.00 Date October 22, 2020 December 20, 2023 June 30, 2026 Comment Number of DISCOs tracking new metered connections to customers in Tariff Band A and B Value 0.00 0.00 11.00 Date October 22, 2020 December 20, 2023 June 30, 2026 Comment Number of DISCOs that have identified and quantified the gender gap within their customer base Value 0.00 0.00 4.00 Date October 22, 2020 December 20, 2023 June 30, 2026 Comment The Consumer Assistance Fund designed to support vulnerable women and girls and female-headed households within DISCOs’ customer bases Value No No Yes Date October 22, 2020 December 20, 2023 December 31, 2024 Comment Development of NERC guidance on addressing the gender gap within DISCOs’ customer bases Value No No Yes Date October 22, 2020 December 20, 2023 June 30, 2026 Comment Number of grids with improved stability, reliability and/or capacity to reduce technical losses Value 0.00 0.00 11.00 Date October 22, 2020 December 20, 2023 June 30, 2026 Comment Kilometers of medium voltage (MV) distribution lines rehabilitated by DISCOs Value 0.00 0.00 20774.00 Date October 22, 2020 December 20, 2023 June 30, 2026 Comment Reduction in transformer technical losses in existing distribution networks Value 0.00 0.00 9501000.00 Date October 22, 2020 December 20, 2023 June 30, 2026 Comment Development of NERC Guidance of Investment in Climate Resilient Infrastructure Value No No Yes Date October 22, 2020 December 20, 2023 June 30, 2026 Comment