This paper analyses the policies and laws that govern the Nigerian electricity sector to ascertain the opportunities and challenges it presents for addressing the problem of affordability of the initial capital costs and financial sustainability of off-grid renewable electricity (OGRE) faced by private investors. It is argued that the absence of sector-specific targets for OGRE and the preference for gas electricity erode the effectiveness of the policies in enabling laws that will address the mentioned barriers to OGRE development. Analysis of the relevant laws shows that some of the provisions present opportunities for addressing the identified barriers. The latter include the establishment of the Rural Electrification Fund (REF) which provides capital grants to OGRE developers in rural areas, under the Electric Sector Power Reform Act 2005. However, some provisions inflame the identified obstacles to OGRE development, including the expensive licensing fees for OGRE projects and overriding powers of the National Assembly over a State House of Assembly for making laws that cover the sector. Key recommendations are made for the adoption of an overarching renewable energy law that will have some recommended features for addressing the identified barriers to the development of OGRE.

中文翻译：

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尼日利亚电力监管框架：离网可再生能源发展的热点和挑战

本文分析了管理尼日利亚电力行业的政策和法律，以确定其解决私人投资者面临的初始资本成本的可承受性和离网可再生电力（OGRE）的财务可持续性问题所带来的机遇和挑战。有人认为，缺乏针对OGRE的特定行业目标以及对天然气电力的偏好削弱了该政策在使法律能够解决上述提到的OGRE发展障碍方面的有效性。对有关法律的分析表明，某些规定为解决已查明的障碍提供了机会。后者包括根据《 2005年电力部门电力改革法案》建立农村电气化基金（REF），向农村地区的OGRE开发商提供资本赠款。但是，某些规定激怒了已发现的阻碍OGRE发展的障碍，包括昂贵的OGRE项目许可费，以及国民议会对于制定涵盖该领域法律的最高权力。为通过一项全面的可再生能源法提出了重要建议，该法律将具有一些建议的功能，以解决已发现的阻碍OGRE发展的障碍。