INTIEANigeria · Multi-Year Tariff Order (MYTO)PolicyIn force

Multi-Year Tariff Order (MYTO)

Nigeria regulates electricity tariffs through the Multi-Year Tariff Order (MYTO) framework introduced by the Nigerian Electricity Regulatory Commission in 2008 under the Electric Power Sector Reform Act. The MYTO establishes a tariff methodology and long-term tariff path for…

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Country / jurisdiction: Nigeria · Year: 2008 · Status: In force · Level: National · Type: Voluntary

Nigeria regulates electricity tariffs through the Multi-Year Tariff Order (MYTO) framework introduced by the Nigerian Electricity Regulatory Commission in 2008 under the Electric Power Sector Reform Act. The MYTO establishes a tariff methodology and long-term tariff path for electricity generation, transmission and distribution in the Nigerian Electricity Supply Industry. The framework was revised through MYTO-2, which entered into force in 2012 and introduced updated assumptions and tariff review mechanisms, with subsequent periodic tariff reviews and supplementary orders continuing to adjust tariffs under the MYTO framework.

Official source: https://nerc.gov.ng/wp-content/uploads/2012/03/MYTO%20Order.pdf

Source

https://www.iea.org/policies/30437

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