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Renewable Energy Adoption to Save Nigeria $121bn – Tegbe

Renewable Energy Adoption to Save Nigeria $121bn - Tegbe   The Federal Government has said Nigeria stands to save $121bn in fuel costs by transitioning to a power generation mix comprising 90 per cent renewable energy, describing the projected savings as a major economic benefit for...

FG Launches $750m Mini-Grid Solar Power Project

FG Launches $750m Mini-Grid Solar Power Project The Federal Government is implementing what has been described as the largest publicly funded renewable electricity programme in the world, aimed at expanding power access through mini-grids, solar infrastructure, and off-grid electrification projects across Nigeria, the Managing Director...

Solar Manufacturing Gets $500m Boost from Govs, Investors – Adelabu

Solar Manufacturing Gets $500m Boost from Govs, Investors - Adelabu   The Federal Government, in partnership with state governors and private investors, has secured nearly $500m to establish solar manufacturing plants across Nigeria, the Minister of Power, Adebayo Adelabu, has disclosed. Adelabu made this known at the...

REA Signs Deal for Mass Electrification

The Rural Electrification Agency (REA) has signed grant agreements with nine renewable energy companies to provide electricity access to 17.5 million Nigerians.

20,000 Communities without Electricity in Nigeria – REA

The Rural Electrification Agency (REA) has inaugurated a 550kWp solar hybrid mini-grid project in Bakin Ciyawa and Kwande communities.

REA Plans N1.1bn Private Sector Funding 

REA Plans N1.1bn Private Sector Funding  The Federal Government has disclosed plans to crystallise N1.1bn private sector funding for the power sector. The Managing Director of Rural Electrification Agency, Abba Aliyu, disclosed this on Wednesday at the ongoing Nigeria Energy Summit, which was held in Lagos...