Studies for Financial Reforms in the Energy Sector in Nigeria — Project Management Unit PSRO

PSRO SECRETARIAT- PROJECT MANAGEMENT UNIT

REQUEST FOR EXPRESSIONS OF INTEREST

CONSULTING SERVICES-FIRM SELECTION

NIGERIA

ADDITIONAL FINANCE -POWER SECTOR RECOVERY OPERATION

IDA Credit No.: 6699 – NG

Assignment Title: Engagement of Consultant to carry out Studies for Financial Reforms to Reduce Sector Debt & Transition to Cost Reflectivity

Reference No.: SAE/PSRO/C/CQS/054/2025

Issued Date: 8th December 2025

The Federal Government of Nigeria has received financing from the World Bank for the Power Sector Recovery Operation (PSRO) and intends to apply part of the proceeds for the Engagement of Consultant to carry out studies for Financial Reforms to Reduce Sector Debt & Transition to Cost Reflectivity.

The consulting services (“the Services”) include:

• Task-1: Stakeholder Engagement & Diagnostic Workshops:

• Task-2: Debt-Reduction Framework Development:

• Task-3: Develop a Cost-Reflective Tariff Roadmap:

• Task-4: Power Consumer Assistance Fund (PCAF) Framework Development & Implementation Support:

The Power Sector Recovery Operation- Project Management Unit (PSRO-PMU) now invites eligible consulting firm (“Consultant”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services.

The short-listing criteria are:

• The consulting firm to be selected is required to be a top-tier firm or a consortium of consulting firms, with international networks in transmission consulting. The consulting firm will as a minimum, meet the following requirements.

• Possess at least 5 years of experience in consulting on energy, infrastructure or related sectors.

• Be a registered Consultancy Firm with at least 10 years of cumulative experience in the development of financing related solution.

• Familiarity with policy development, regulatory processes and stakeholder engagement

• Deep and demonstrated understanding of Nigeria power sector liquidity challenges.

• Demonstrated expertise in advising on similar energy sector liquidity challenge and proposing solutions to those challenges.

• Proven ability to deliver complex assignments on schedule

• Capacity to conduct financial and technical analysis, including system design work

• Capability to liaise effectively with government agencies and development partners.

Please note that only the experience of the firm and not that of the key experts are required at this stage.

The attention of interested Consultant is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” September 2025 Seventh Edition (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.

Consultants may associate with other firms to enhance their qualifications but should indicate clearly whether the association is in the form of a joint venture and/or a sub- consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected. Each member must be reasonably qualified and meets the stated criteria. For sub-consultancy association, the experience of the sub-consultant shall not be considered in the evaluation.

A Consultant will be selected in accordance with the Consultant Qualification Selection (CQS) method set out in the Procurement Regulations for IPF Borrowers” Seventh Edition dated September 2025, available on www.worldbank.org/procurement

Further information can be obtained at the address below during office hours i.e. 0800 to 1700 hours.

Expressions of interest must be delivered in a written form to the address below (in person, or by mail, or by e-mail) on or before 22nd December 2025.

Power Sector Recovery Operations

Attn: Gbola Sokoya – Program Manager

Budget Office of the Federation Building,

Room 427 4th Floor, Ahmadu Bello Way, P. M. B. 251,

Garki, Central Business Area, Abuja

E-mail: [email protected], [email protected]