The Future Group (TFG) has called for a halt in the proposed sales of five of the Nigerian National Integrated Power Project (NIPP), describing it as a bad move that would further plunge the power sector into a deeper crisis, […]
Day: 9 November 2022
Nigeria Spending $550m World Bank, AfDB Loan On Renewable Electricity
•Deploys 995,396 solar home systems through 67 mini-grids The Federal Government, yesterday, in Abuja, said $550 million loan borrowed from World Bank and African Development Bank (AfDB) is currently being spent to electrify rural communities across Nigeria. The fund, targeting […]
80m Electricity Gap: REA Seeks More Private Sector-led Partnerships
With no less than US$1.9 trillion required to finance Nigeria’s Energy Transition Plan (ETP), the Rural Electrification Agency (REA) has stressed the need for more private sector investment in the delivery of electricity across the country. This is as the […]
