“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 the Nigerian decentralized renewable energy (DRE) market is large and proven, but the capital required to finance this market remains to be unlocked.
credits: http://www.rea.gov.ng/power-sector-nigeria-driven-private-funding-damilola-ogunbiyi