The development objective of the Electrification Project for Nigeria is to increase access to electricity services for households, public educational institutions, and underserved (MSMEs) micro, small, and medium enterprises. The project comprises of four components. The first component, solar hybrid mini grids for rural economic development will be implemented under a market-based private sector led approach to construct, operate, and maintain economically viable mini grids, supported by subsidies that reduce initial capital outlays. It consists of following sub-components: (i) minimum subsidy tender for mini grids; and (ii) performance-based grants program. The second component, stand-alone solar systems for homes and MSMEs goal is significantly increase the market for stand-alone solar systems in Nigeria in order to provide access to electricity to more than one million Nigerian households and MSMEs at lower cost than their current means of service such as small diesel gensets. It consists of following sub-components: (i) market scale-up challenge grants; and (ii) performance-based grants. The third component, energizing education objective is to provide reliable, affordable, and sustainable power to public universities and associated teaching hospitals. The fourth component, technical assistance is designed to build a framework for rural electrification upscaling, support project implementation as well as broad capacity building in Rural Electrification Agency (REA), Nigerian Electricity Regulatory Commission (NERC), Federal Ministry of Power, Works, and Housing (FMPWH), and other relevant stakeholders.
ACCOUNTABILITY MECHANISM OF WORLD BANK
The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing email@example.com. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.