REA Releases ₦9bn For Mini Solar Grid Projects To Expand Electricity Access 

The Rural Electrification Agency (REA) has disbursed 9 billion naira to support the rollout of solar mini-grid projects across Taraba, Kogi, Kwara and Niger states, in a move aimed at expanding electricity access to underserved communities.

The agency said the funding is part of its Distributed Access through Renewable Energy Scale-up Programme, a performance-based initiative designed to accelerate the deployment of clean energy solutions in areas with limited or no connection to the national grid.

According to the REA, the disbursement is backed by a 100 billion naira financing agreement with Lotus Bank, reflecting increased private sector participation in Nigeria’s renewable energy expansion.

Breakdown of the funding shows that a significant portion was allocated to project developers for the procurement of equipment and installation of mini-grid infrastructure across multiple rural communities. The projects are expected to provide electricity to households, small businesses and public institutions such as schools and healthcare centres.

Managing Director of the REA, Abba Aliyu, said the release of funds would accelerate timelines for project delivery in off-grid locations.

The intervention comes amid renewed efforts by the federal government to address Nigeria’s electricity challenges through a mix of grid and off-grid solutions.

Just days earlier, President Bola Tinubu approved a 3.3 trillion naira ($2 billion) payment plan to settle legacy debts in the power sector, targeting improved liquidity for generation companies.

The REA disbursement follows a series of similar funding rounds under the agency’s electrification programmes, including the Nigeria Electrification Project, which has supported the deployment of mini-grids and standalone solar systems in rural communities.

Under these programmes, private developers are selected through a competitive process and receive performance-based grants tied to project delivery milestones, according to the agency.