NIGERIA : AfDB and AGTF invest $200 million in rural electrification

The African Development Bank (AfDB) and the Africa Growing Together Fund (AGTF) have released $200 million in co-financing for the National Electrification Project (NEP), defined by the Federal State of Nigeria. Launched on March 17, 2020, the NEP is designed to bring sustainable energy solutions to Nigeria’s underserved communities.
The Nigerian federal government and the African Development Bank (AfDB) officially launched the National Electrification Project (NEP) on March 17, 2020 in Abuja, the capital of Nigeria. This state initiative aims at providing access to electricity to households, micro, small and medium enterprises in off-grid communities across the country through renewable energy sources. Mini-grid and off-grid solutions will be installed in 250 communities in four states : Niger, Ogun, Sokoto and Cross River.

Speaking at the launching ceremony of the project, the Vice President of the AfDB in charge of energy spoke of the impact of the NEP. “More than 500,000 people will have access to about 76.5 MW of power, 68 MW of which will be generated by solar energy. Besides, 150 students will receive training on renewable energy solutions and 20,000 micro, small and medium-sized enterprises (MSMEs) will be supplied with appliances and equipment” said the VP of the AfDB, Wale Shonibare.
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