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 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.

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