DEADLINE: 22ND DECEMBER, 2025
POWER SECTOR RECOVERY OPERATION (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

The Federal Government of Nigeria has received financing from the World Bank for the Power Sector Recovery Operation – Additional Finance (AF-PSRO) and intends to apply part of the proceeds of this funding to payment for the contract for Consultancy Services for Evaluation of Financial Performance and Commercial Viability of Discos.

The consulting services (“the Services”) include:

  • Task-1: Stakeholder Diagnostic, which will include a comprehensive stakeholder mapping exercise to identify all key institutions and actors relevant to the Financial Performance and Commercial Viability of the 11 nos Discos, operating in the Nigerian Electricity Supply Industry (NESI), as well as, structured engagements with these entities.
  • Task-2: The Consultant shall undertake a comprehensive financial and legal appraisal of all eleven (11) electricity Distribution Companies (DisCos) operating under the Nigerian Electricity Supply Industry (NESI).

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 is required to be a top-tier firm or a consortium of consulting firms, with deep international networks in consulting and financial advisory.
  • Must have valid registration (Le. certificate of incorporation) and must have been established for no less than 15 years prior to the date of the EOL;
  • Possess at least 10 years of experience in consulting on energy, infrastructure or related sectors.
  • Experience in consulting on energy, infrastructure or related sectors, with a strong understanding of the operational and institutional dynamics of electricity distribution companies in Nigeria or similar contexts.
  • Familiarity with policy development, regulatory processes and stakeholder engage-ment, particularly within regulated utility sectors.
  • Established relationship across NESI stakeholders including NERC, MoP and Presidency.
  • Proven ability to deliver complex assignments on schedule, including strong project management and coordination skills across multiple workstreams.
  • Capacity to conduct legal, financial and technical analysis, including due diligence, risk assessments, and advisory on regulatory and commercial frameworks.
  • Demonstrated expertise and understanding of NESI sector liquidity, solvency and profitability challenges.
  • Demonstrated understanding of global best practices in Electricity Sector Viability.
  • Capability to liaise effectively with government agencies, regulators and development financial institutions and donor partners, ensuring alignment with broader sectoral objectives and funding requirements.

Please note that only the experience of the firm and not that of the key experts are re-quired 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.

A Consultant will be selected in accordance with the Consultant Qualification Selection (CQS) method set out in the Procurement Regulations for IPF Borrowers” dated Sep-tember 2025 Seventh Edition, 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: Gbola.sokoya@psro.gov.ng, Malik.idris@psro.gov.ng

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