W’Bank approves $350m for REA’s solar power projects in schools, others

The World Bank has disclosed that Nigeria will get $350 million from the $2.1 billion it recently approved for it, to push through its electrification programme expected to provide electricity for 2.5 million people and 70,000 micro, small and medium enterprises. The $2.1 billion concessionary loan is expected to support the funding of seven projects…

The power sector in Nigeria should be driven by private funding – Damilola Ogunbiyi MD/CE R.E.A

  “The power sector in Nigeria should be driven by private funding, innovation and technology, which can achieve access much faster than the public sector. It needs to be a private sector-driven [energy] access model for Nigeria.”   Damilola Ogunbiyi, Rural Electrification Agency, February 2018 Recent research by Power for All’s on-the-ground country campaign finds that…