Model Regulatory Framework and Policies for Efficient and Sustainable Subnational Electricity Market

The report proposes a model framework for state-level electricity markets in Nigeria (focused on Rivers, Cross River, and Akwa Ibom) to improve access to affordable, reliable, and clean energy. It outlines how states can design independent regulators, clear market rules, and coordinated systems with national institutions to attract investment and ensure effective governance. The paper emphasizes expanding renewable energy and decentralized solutions like mini-grids and solar, supported by appropriate tariff systems and procurement models such as feed-in tariffs. Overall, it argues that well-designed state electricity markets can strengthen energy security and accelerate Nigeria’s transition to clean energy.